Jimliner... Can you post a chart? HUI is exactly at the 61.8%
retracement (2008 - 2012) as Matt posted earlier in the day. Since
2001 the RSI has been below 30 % the third time now...
the other two times were major bottoms. I think there are good
chances at least for bounce
What looked like a bull flag before a breakout until 3 days
ago could also break down now. Undecided between 66.9 and 67.55. A
break could give not only TBT a nice move but also
shares.
There is a good chance that government bonds will soon be
the place...not to be. Matt told several times that charts
look like that US-interest rates have already bottomed or will
bottom soon. Fundamentally there is no doubt that with the money
printing all over the world inflation (and higher interest
rates) is a very serious issue.
So if not already short it makes certainly sense to look for a
short entry in government bonds.
Japan is probably the country with the highest risks with
government bonds. Bad economy, very bad demographic development
with too many old people, shrinking exports, and with an incredible
debt of over 200 % of the GDP, far higher than anyone else.
The government is determined to stimulate economy with
printing endless money. The goal is to create inflation of 2 or 3
%. This will be the kiss of death for japanes government bonds. No
way ther will be a solution for that.
At the moment the liquidity boost the markets in japan: Nikkei
is on fire, Yen is weakening, but there is still enough money
inflow that governments bonds don't fall much (unlike US
and Europe...).
I would appreciate a technical analysis of Japanese government
bonds. I only have a chart of JGB March Future. Maybe there are
better charts.... I would appreciate if someone could show a nice
chart of japanes government bonds.
To me it seems there is a triangle in the process which would
support even a new high. But mybe JGB will fail making new highs
and could there be shorting opportunity below the trendline?
In the long term there could be very large gains by shorting
JGB
I really don't know which way it goes, but on a break up I would
load up silver stocks.
gold stocks quite strong today, probably beacause of good
earnings of south african gold stocks. But I suppose it's way too
early to tell if bottom is in here.... doesn't look so imho
Coffee used to be on the watchlist. DBA is about to break out,
sugar on todays watchlist, but what about coffee? Is there actually
no pattern or may this be a good opportunity to get in
again? Would appreciate opinions
Gold and especially Silver very strong but GDX is a
disappointment.
Are we looking/hoping for a higher low now or is there no chance
that goldstocks will rise from here after this huge plunge and long
underperformance with SPX at highs?
VIX / VXX held good today. I remember several times that VIX and
SPX were positive and the next day SPX fell. VIX at the moment
positiv, VXX negatative a bit. Can someone confirm this as a
warning system that markets could plunge short term?
Bears (Manipulators) forced down GLD and SLV like every
(Thursday) morning, when necessary, one hour before
US-opening. This time the market fought back successfully. GLD and
SLV looked strong in recent days und looked ready for a break
out. What still irritates is the weaknes in gold stocks
Like there was said earlier today, a big move in metals can be
expected. The underperformance of goldstocks could suggest a move
down, but I hope of course it's going up.
GLD is still edging higher without conviction, at least broke
out of a small downtrendline but I suppose the bigger battle is
around 164 or 1700 $.
It probably makes sense to look at the Aussi Dollar. Below
resistance at the moment but it looks that the Aussie could break
up. Maybe this will happen before gold and goldstocks react, so a
break here could be the starting signal to pile up goldstocks.
In case of a break there could be a very large swing long.
Matt/Steve, you are expecting a bigger move in GDX. What
strategy would you suggest? Waiting for a break and then
buying/selling the break? Waiting for the first bullback?
Or acting (in my case buying...) before the probable
breakout with a tight stoploss?
The community is delayed by three days for non registered users.
ZNGA
Posted by zwyss on 11th of Mar 2013 at 09:16 am
Up in pre-market at the moment above break point. Could get action today
ZNGA
Posted by zwyss on 8th of Mar 2013 at 10:02 am
long trade idea. Should the market continue to go up
AAPL
Posted by zwyss on 8th of Mar 2013 at 09:47 am
Trying to break the 9 MA in the daily.
Could be a decision point here. Would appreciate comments
Jimliner... Can you post a
GDX is headed lower - LOOK AT MONTHLY retracements THATS where it is going
Posted by zwyss on 7th of Mar 2013 at 03:37 pm
Jimliner... Can you post a chart? HUI is exactly at the 61.8% retracement (2008 - 2012) as Matt posted earlier in the day. Since 2001 the RSI has been below 30 % the third time now... the other two times were major bottoms. I think there are good chances at least for bounce
Government Bonds----wow
Posted by zwyss on 25th of Feb 2013 at 02:11 pm
Huge day for Government Bonds like TLT. I suppose this run could last for while.
Chart ZN:
You don't believe it I got stopped out in ZN March Future at 131'240 and set a new buy at 131'205 which was the low but I didn't get it....
Shit happens
TBT
Posted by zwyss on 23rd of Feb 2013 at 08:07 am
Looks very interesting..in both ways.
What looked like a bull flag before a breakout until 3 days ago could also break down now. Undecided between 66.9 and 67.55. A break could give not only TBT a nice move but also shares.
Looking forward to the Newsletter this WE.
Have you got a downside
INTC in trouble
Posted by zwyss on 21st of Feb 2013 at 10:03 am
Have you got a downside target?
Would appreciate opinion of Matt/Steve if time allows...
Thanks Morton
Gold 300?
GDX RSI 2 quite oversold now
Posted by zwyss on 20th of Feb 2013 at 02:30 pm
Can it get more negative than now? Too much gold bashing imho. Wouldn't be surprised to see a turn here....
JO...
JO
Posted by zwyss on 14th of Feb 2013 at 02:49 pm
has been bubbling down since....
Now with divergence (RSI and MACD) on 5 Min, 60 min, and daily.
and at the lower end of a falling wedge in the daily, 60 min and 5 Min....
At least on my charts....hard to believe that this is possible all together
AA
Posted by zwyss on 14th of Feb 2013 at 02:40 pm
Someone has mentioned AA the other day. AA has a nice day and may break out soon.
Japanese Government Bond
Posted by zwyss on 9th of Feb 2013 at 05:13 am
There is a good chance that government bonds will soon be the place...not to be. Matt told several times that charts look like that US-interest rates have already bottomed or will bottom soon. Fundamentally there is no doubt that with the money printing all over the world inflation (and higher interest rates) is a very serious issue.
So if not already short it makes certainly sense to look for a short entry in government bonds.
Japan is probably the country with the highest risks with government bonds. Bad economy, very bad demographic development with too many old people, shrinking exports, and with an incredible debt of over 200 % of the GDP, far higher than anyone else.
The government is determined to stimulate economy with printing endless money. The goal is to create inflation of 2 or 3 %. This will be the kiss of death for japanes government bonds. No way ther will be a solution for that.
At the moment the liquidity boost the markets in japan: Nikkei is on fire, Yen is weakening, but there is still enough money inflow that governments bonds don't fall much (unlike US and Europe...).
I would appreciate a technical analysis of Japanese government bonds. I only have a chart of JGB March Future. Maybe there are better charts.... I would appreciate if someone could show a nice chart of japanes government bonds.
To me it seems there is a triangle in the process which would support even a new high. But mybe JGB will fail making new highs and could there be shorting opportunity below the trendline?
In the long term there could be very large gains by shorting JGB
Opinions very much appreciated.
Thanks
SLV
Silver Commercials
Posted by zwyss on 4th of Feb 2013 at 10:26 am
That would mean a bottom has not been set yet....
I really don't know which way it goes, but on a break up I would load up silver stocks.
gold stocks quite strong today, probably beacause of good earnings of south african gold stocks. But I suppose it's way too early to tell if bottom is in here.... doesn't look so imho
Coffee
Posted by zwyss on 31st of Jan 2013 at 11:22 am
Coffee used to be on the watchlist. DBA is about to break out, sugar on todays watchlist, but what about coffee? Is there actually no pattern or may this be a good opportunity to get in again? Would appreciate opinions
Gold and especially Silver very
GDX 5 View
Posted by zwyss on 30th of Jan 2013 at 12:43 pm
Gold and especially Silver very strong but GDX is a disappointment.
Are we looking/hoping for a higher low now or is there no chance that goldstocks will rise from here after this huge plunge and long underperformance with SPX at highs?
Opinions?
VIX / VXX held good
started a small position on SOXS and TZA looking for ...
Posted by zwyss on 17th of Jan 2013 at 03:21 pm
VIX / VXX held good today. I remember several times that VIX and SPX were positive and the next day SPX fell. VIX at the moment positiv, VXX negatative a bit. Can someone confirm this as a warning system that markets could plunge short term?
Funny thing is those attacks
GLD and SLV bouncing
Posted by zwyss on 17th of Jan 2013 at 10:33 am
Funny thing is those attacks at the same time (08.30 ) always go to the downside....
Bears (Manipulators) forced down GLD
GLD and SLV bouncing
Posted by zwyss on 17th of Jan 2013 at 10:29 am
Bears (Manipulators) forced down GLD and SLV like every (Thursday) morning, when necessary, one hour before US-opening. This time the market fought back successfully. GLD and SLV looked strong in recent days und looked ready for a break out. What still irritates is the weaknes in gold stocks
Title: Gold Repatriation Jürgen: "Hi Francois,
Bundesbank Official Statement On Gold Repatriation
Posted by zwyss on 16th of Jan 2013 at 12:29 pm
Jürgen: "Hi Francois, hi John. Please give me back my gold!"
Francois: "What Gold? I don't have your Gold."
John: "Ahhh, ok. I'll send you a debt claim. You should have your gold in a couple of days."
Gold ---- Aussiedollar
Posted by zwyss on 15th of Jan 2013 at 04:43 pm
Like there was said earlier today, a big move in metals can be expected. The underperformance of goldstocks could suggest a move down, but I hope of course it's going up.
GLD is still edging higher without conviction, at least broke out of a small downtrendline but I suppose the bigger battle is around 164 or 1700 $.
It probably makes sense to look at the Aussi Dollar. Below resistance at the moment but it looks that the Aussie could break up. Maybe this will happen before gold and goldstocks react, so a break here could be the starting signal to pile up goldstocks.
In case of a break there could be a very large swing long.
Matt/Steve, you are expecting a bigger move in GDX. What strategy would you suggest? Waiting for a break and then buying/selling the break? Waiting for the first bullback? Or acting (in my case buying...) before the probable breakout with a tight stoploss?
opinions welcomed....
AMPE
Posted by zwyss on 15th of Jan 2013 at 10:09 am
Trade idea...
break out?