brian4 Posted March 28, 2003 Report Share Posted March 28, 2003 Yup -the END is right 855 is semi important but the reeeaaalllyyy BIG number is 842. If we stop and bounce at 855 up we go- break 842 and HELLOOO! new lows. GOLD the Canary in the coal mine is singing again and we better LISTEN! When-I suggest to you-Rumsfeld takes it upon himself to warn Syria and Iran publically-it ain't over night goggles and some hill bandits called the Badr brigade-something is up that WE don't yet know about. I have been pounding the table since this mess started that one unforeseen event could cause world markets to collapse like a house of cards. Beware and be careful. Trade Safe! Link to comment Share on other sites More sharing options...
soup Posted March 28, 2003 Report Share Posted March 28, 2003 machine: one can only imagine the havoc the beranke put will reak upon the dollar. Link to comment Share on other sites More sharing options...
Guest Posted March 28, 2003 Report Share Posted March 28, 2003 http://www.signalwatch.com/markets/markets-dow.asp "As mentioned in yesterday's commentary, the downward-sloping nature of the upper trend line tells us that an upside break could be imminent. Watch 8,200 up, as a break here will likely send the index sharply higher. This is the most likely outcome Monday. We will continue to keep our eye on the 8,100 support level, which has held for nearly two weeks. A downside break of this support level would likely send the index solidly lower." Link to comment Share on other sites More sharing options...
Hotblack Desiato Posted March 28, 2003 Report Share Posted March 28, 2003 Hi guys, Re. the gold-stocks explosion today... since the bullion move wasnt that impressive, was there any particular news driving them, or what? Link to comment Share on other sites More sharing options...
The End Posted March 29, 2003 Report Share Posted March 29, 2003 SG: Somethings got to give, and considering how the miners have had their asses handed to them, it's probably as good a bet as any. World events are going to overpower Greenspawn's ability to ramp the dollar, the stool is hitting the fan around the globe, and the miners are big time Dover Sole. Plunger I am not at all sure the fed or the gov't wants to ramp the doo-lar. JMHO. aussie. Those guys have been right and wrong. Doc, is the best there is. Follow the leader. Link to comment Share on other sites More sharing options...
Tig 'Ol Bitties Posted March 29, 2003 Report Share Posted March 29, 2003 Well all you guys could make the market your no.1 job and then you'd feel quite justified stool-surfing I'm sitting mostly in cash atm, waiting for the break either way or signs of it anyway.. aussie, Works for me! Link to comment Share on other sites More sharing options...
Tig 'Ol Bitties Posted March 29, 2003 Report Share Posted March 29, 2003 Hi guys, Re. the gold-stocks explosion today... since the bullion move wasnt that impressive, was there any particular news driving them, or what? Hotblack Desiato, I would pin the entire move on short covering related to NEM's earnings (beat estimates by 2 cents). Still have this in my mind (although I admit to holding my core longs)... Link to comment Share on other sites More sharing options...
The End Posted March 29, 2003 Report Share Posted March 29, 2003 hot black, Cool name. Welcome to the best damn site on the planet for people like us. :grin: Link to comment Share on other sites More sharing options...
Hotblack Desiato Posted March 29, 2003 Report Share Posted March 29, 2003 Hi guys, Re. the gold-stocks explosion today... since the bullion move wasnt that impressive, was there any particular news driving them, or what? Hotblack Desiato, I would pin the entire move on short covering related to NEM's earnings (beat estimates by 2 cents). Still have this in my mind (although I admit to holding my core longs)... mmm.... i see. thanks. http://bigcharts.marketwatch.com/news/arti...mb=NEM&sid=3400 interesting to see what Sinclair says tonight... http://www.jsmineset.com/s/Home.asp Link to comment Share on other sites More sharing options...
Guest Posted March 29, 2003 Report Share Posted March 29, 2003 aussie. Those guys have been right and wrong. Doc, is the best there is. Follow the leader. End, the point of that post was to show the DOW levels Ed's working on...he's actually out of the market waiting for a break either way.. Agree with you re subscribing to Doc. If I traded US stocks and I owned a credit card I'd be right in there.. Link to comment Share on other sites More sharing options...
Hotblack Desiato Posted March 29, 2003 Report Share Posted March 29, 2003 hot black, Cool name. Welcome to the best damn site on the planet for people like us. :grin: thanks, Jim ive been lurking here to a fro... Link to comment Share on other sites More sharing options...
Hotblack Desiato Posted March 29, 2003 Report Share Posted March 29, 2003 Its seems obvious we are very near a significant bottom: http://www.softwarenorth.net/cot/current/charts/GC.png http://www.softwarenorth.net/cot/current/charts/SI.png McClellan is also predicting a cycle-based bottom this week or next with a new bull-leg until Jan-2004. Link to comment Share on other sites More sharing options...
SideshowBob Posted March 29, 2003 Report Share Posted March 29, 2003 On the COT report -- the commercials were building shorts for a long time, and yet we didn't break the July/October lows. I agree with Doc that the report is not all that useful. Did anyone note that Larry Katz's technical barometer issued a sell this week? Mucho bad for El Marketo. Link to comment Share on other sites More sharing options...
Tig 'Ol Bitties Posted March 29, 2003 Report Share Posted March 29, 2003 Hotblack Desiato, I like this one from the same site you posted.... COT - S&P 500 Link to comment Share on other sites More sharing options...
Guest Posted March 29, 2003 Report Share Posted March 29, 2003 Yup -the END is right 855 is semi important but the reeeaaalllyyy BIG number is 842. If we stop and bounce at 855 up we go- break 842 and HELLOOO! new lows. GOLD the Canary in the coal mine is singing again and we better LISTEN! When-I suggest to you-Rumsfeld takes it upon himself to warn Syria and Iran publically-it ain't over night goggles and some hill bandits called the Badr brigade-something is up that WE don't yet know about. I have been pounding the table since this mess started that one unforeseen event could cause world markets to collapse like a house of cards. Beware and be careful. Trade Safe! "DEBKAfile reports from US intelligence sources that Iraq has moved chemical and biological weapons to within missile-striking distance of Israel in western Iraq despite US-UK presence in region. Some of the WMD was taken out of hiding-places in Syria" Link to comment Share on other sites More sharing options...
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