Charmin Posted April 6, 2005 Report Share Posted April 6, 2005 Ike's Hui chart..... trendline support at 195 ... and possibly the lowest risk to enter between here and horizontal support at 190 and watching the reaction... watching for buck to break with euro rally soon .... http://www.financialsense.com/Market/daily/tuesday.htm and once again... "Reasons to own Gold and Gold Stocks" http://dvtechtalk.com/April/April5.htm Link to comment Share on other sites More sharing options...
Moon Man Posted April 6, 2005 Report Share Posted April 6, 2005 delete Link to comment Share on other sites More sharing options...
traderfromhell Posted April 6, 2005 Report Share Posted April 6, 2005 dharma I think I'm going to play the miners from the long side now. we had a two year anniversary date April 4th. Feeding in with a stop at 190 HUI. Lots of bearishness and concern over the low volume and no go nature of the miners on the metals rallies. This changes and we fly again. If not the stop is right below. So far long term trendlines have held. They don't ring a bell at the bottom. Low risk entry in this area I'm beginning to think. Link to comment Share on other sites More sharing options...
Charmin Posted April 6, 2005 Author Report Share Posted April 6, 2005 Dollar hits a reverse trend line... channel to go lower http://www.commoditytradingresource.com/cg...rames/read/3057 watch that Euro Link to comment Share on other sites More sharing options...
Charmin Posted April 6, 2005 Author Report Share Posted April 6, 2005 Joe's thoughts on the market http://www.commoditytradingresource.com/cg...rames/read/3047 Link to comment Share on other sites More sharing options...
Charmin Posted April 6, 2005 Author Report Share Posted April 6, 2005 Buck is acting well this morning watch for a 85.50 area retest gold should be down for accumulation Link to comment Share on other sites More sharing options...
Charmin Posted April 6, 2005 Author Report Share Posted April 6, 2005 Dollar up and they can't keep silver down.... Link to comment Share on other sites More sharing options...
traderfromhell Posted April 6, 2005 Report Share Posted April 6, 2005 Dollar hits a reverse trend line... channel to go lower http://www.commoditytradingresource.com/cg...rames/read/3057 watch that Euro <{POST_SNAPBACK}> Lot of guys are starting to watch the Swiss Franc Charmin. Link to comment Share on other sites More sharing options...
Charmin Posted April 6, 2005 Author Report Share Posted April 6, 2005 ok then the swissy.. silver resistance 7.25-7.27 Link to comment Share on other sites More sharing options...
Charmin Posted April 6, 2005 Author Report Share Posted April 6, 2005 if silver makes it up to the 7.20 area trading range highs I suspect WTZ should see 9.40 Link to comment Share on other sites More sharing options...
Charmin Posted April 6, 2005 Author Report Share Posted April 6, 2005 gold up with dollar acting welll goood Link to comment Share on other sites More sharing options...
Charmin Posted April 6, 2005 Author Report Share Posted April 6, 2005 both gold and silver near resistance near term Link to comment Share on other sites More sharing options...
Guest Posted April 6, 2005 Report Share Posted April 6, 2005 tfh, i agree w/you. maybe gold will get under 400, but i dont see it anymore. on a lower low i will complete my buying. the dolar has come into resistance, has daily rsi divergences(9bar) from an overbought situation. i dont think its got much juice in it. although the dolar correction didnt get very high, it did chew up alot of time-over 3 months. some of the miners are showing bottoming patterns. dharma Link to comment Share on other sites More sharing options...
Charmin Posted April 6, 2005 Author Report Share Posted April 6, 2005 notes from brighter minds.. what I have noticed today metals stronger as euro weaker when euro breaks metals stay postive - this is a bullish sign to em short term Link to comment Share on other sites More sharing options...
Old Habits Posted April 6, 2005 Report Share Posted April 6, 2005 tfh, i agree w/you. maybe gold will get under 400, but i dont see it anymore. on a lower low i will complete my buying. the dolar has come into resistance, has daily rsi divergences(9bar) from an overbought situation. i dont think its got much juice in it. although the dolar correction didnt get very high, it did chew up alot of time-over 3 months. some of the miners are showing bottoming patterns. dharma <{POST_SNAPBACK}> Let's hope so, but the miners aren't showing any strength - hope they're not foretelling more gold weakness. Hey is TFH the reincarnation of the old party pooper Seven of Eleven or has that already been established? Link to comment Share on other sites More sharing options...
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