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Charmin

Monthly Digger - August 2011

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ageka - have you noticed that the long cycle takes dominace over the short cycle? i am looking for this top to come aug/oct . i still think this leg has more to go. just my 2c

dharma

 

What do you call long cycle and short cycle in this case ?

I have maximum probability of a peak on august 16 and increasing daily

The old Seven system .

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What do you call long cycle and short cycle in this case ?

I have maximum probability of a peak on august 16 and increasing daily

The old Seven system .

long cycle -22months

short cycle -107 days

i actually have the 15th for the short cycle top.

but, i am deferring to the long cycle here. not my usual mo.

yes, i see the h&s pattern developing on gold. but until 1716 is taken out i will remain long here.

dharma

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long cycle -22months

short cycle -107 days

i actually have the 15th for the short cycle top.

but, i am deferring to the long cycle here. not my usual mo.

yes, i see the h&s pattern developing on gold. but until 1716 is taken out i will remain long here.

dharma

 

I went 10 % cash to reshuffle my shares again on the bottom of next

107 cycle.

 

Of the 5 or 6 miners I left behind I have no sorrow

Anglogold, Harmony , Drooy, Kinross,

Yamana, Minefinders .

Just now sold Aura and TNX

TNX in candollars has a broken downwards head and shoulder (not really confirmed but I no longer wait these days but act

 

For me the long cycle is 11 and 22 months

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long cycle -22months

short cycle -107 days

i actually have the 15th for the short cycle top.

but, i am deferring to the long cycle here. not my usual mo.

yes, i see the h&s pattern developing on gold. but until 1716 is taken out i will remain long here.

dharma

 

I went 10 % cash to reshuffle my shares again on the bottom of next

107 cycle.

 

Of the 5 or 6 miners I left behind I have no sorrow

Anglogold, Harmony , Drooy, Kinross,

Yamana, Minefinders .

Just now sold Aura and TNX

TNX in candollars has a broken downwards head and shoulder (not really confirmed but I no longer wait these days but act

 

For me the long cycle is 11 and 22 months

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1793 is resitance. watching this area closely. raised 10% cash, last time we were here, gold had a correction. so i lightened up 10%. we need a couple of closes over 1793 to bring the 1900s into focus.

my sense is more folks are waking up to the problems and going to real money

dharma

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dharma I think they are waking up but not so sure they are involved in the metals as of yet. At least they haven't told me. I gave up on preaching a few years back and at this point I would rather no one that I do not want to know does know.

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HUI:

 

Despite my admonition to post only when bullish, I submit the following for your consideration. After all, men (and women) of honor may honestly disagree.

 

Some folks say that the miners will catch up to the price of bullion. If so, go long the miners and short the metal for a Dennis Gartman type of hedged trade. Or simply hold GG long and sell call optios 10-12 weeks out when Stochastic is above 80 and close them out when Stochastic is below 20.

 

I disagree. I'm short the miners. Period. I don't subscribe to a "triple top" theory.

 

I'll let you know when I cover.

 

But it's been a nice ride.

post-1352-13141635952396.png

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HUI:

 

Despite my admonition to post only when bullish, I submit the following for your consideration. After all, men (and women) of honor may honestly disagree.

 

Some folks say that the miners will catch up to the price of bullion. If so, go long the miners and short the metal for a Dennis Gartman type of hedged trade. Or simply hold GG long and sell call optios 10-12 weeks out when Stochastic is above 80 and close them out when Stochastic is below 20.

 

I disagree. I'm short the miners. Period. I don't subscribe to a "triple top" theory.

 

I'll let you know when I cover.

 

But it's been a nice ride.

 

 

I tend to agree

I am 20% cash since monday

We have been going nowhere since december so

I do not consider that a nice ride :ninja:

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i went to 20%cash on tuesday. and i am just watching here. it could be that the top is in but maybe not. i have turns friday/monday.

dharma

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Some folks say that the miners will catch up to the price of bullion.

 

Just when I had that idea Bearvest sunk my enthusiasm.

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what tools does the fed have @its disposal?

regulate interest rates. which are essentially @0 till 13

and print money. well gold heard him and so did the broads.

did some buying this am on the announcement.

why should we expect anything else from the bernake.

dharma

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