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Waiting For the Inevitable


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There is a big (and probably serious) message here. Financials are in for a frightening hammering in the next few months.

 

Monthly charts, for perspective......

 

The XAU and HUI are looking extremely bullish; the XAU has a beautiful inverted head&shoulders pattern, formed over a few years.....similar period to the developing major top pattern in BKX. The miners are looking very bullish and gold is, too. I am going to be selling dollars into temporary countertrend strength and buying metal, while donging miners and shorting equities in the months ahead. This should prove very profitable.

 

chart.asp?symb=bkx&compidx=aaaaa%3A0&ma=0&maval=13%2C50%2C200&uf=8&lf=4&lf2=32&lf3=1024&type=4&size=1&state=11&sid=8910&style=350&time=13&freq=3&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=9288&mocktick=1

 

chart.asp?symb=xau&compidx=aaaaa%3A0&ma=0&maval=13%2C50%2C200&uf=8&lf=4&lf2=32&lf3=0&type=4&size=2&state=11&sid=3599&style=350&time=12&freq=3&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=7958&mocktick=1

 

chart.asp?symb=gfi&compidx=aaaaa%3A0&ma=0&maval=13%2C50%2C200&uf=8&lf=4&lf2=32&lf3=268435456&type=4&size=1&state=11&sid=147790&style=350&time=13&freq=3&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=8603&mocktick=1

 

Gold

 

chart.asp?symb=38099902&compidx=aaaaa%3A0&ma=0&maval=13%2C50%2C200&uf=8&lf=4&lf2=32&lf3=1024&type=4&size=1&state=11&sid=2213&style=350&time=13&freq=3&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=4724&mocktick=1

 

Have a great weekend.

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well, expansive ride with the bike, but fresh air is also good :lol:

 

had euro long 1.1590, stopped out at 1.1569, as i said: dont open new postion on a friday afternoon, too often "unusual action"

 

the more we get nearer to july2 the more often i hear bradley will not work. Top will be amde in week of july2, period. :lol:

 

 

NYCASS meeting partipiciants,

 

the one who will br dressed likle an irishman will be the idiot :lol:

 

(doc, it was worth the try :lol: )

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