bearvest Posted May 20, 2005 Report Share Posted May 20, 2005 XAU: Another opportunity to test my theory that the buying opportunity comes when MACD diverges from price on the daily for a second time--not the first. Link to comment Share on other sites More sharing options...
Ageka Posted May 20, 2005 Report Share Posted May 20, 2005 It's a Great Time to Invest! Reliable Investments Must Have Windows Media Player Best, TCG <{POST_SNAPBACK}> Also must have a functional window to execute Link to comment Share on other sites More sharing options...
The CoinGuy Posted May 20, 2005 Report Share Posted May 20, 2005 News on Harmony Harmony to fire 12000 as takeover bites dust Best, TCG P.S. Ageka, I guess there's always the roof as well. What I found rather humorous out of this sick parody is the fact he was pitching the woman all the way to the ground. Link to comment Share on other sites More sharing options...
The CoinGuy Posted May 20, 2005 Report Share Posted May 20, 2005 Ander, Might want to take a look at this for comments from Peter Grandich on GSS. Market Call - 12:30 for show, or 1:25 for Top Picks Peso Update for 5.20.05 $DXY $HUI Update for 5.20.05 $HUI Jim Puplava puts pen to paper...yet again, probably won't sleep tonight. TIPPING POINTS Off to the links... TCG Link to comment Share on other sites More sharing options...
traderfromhell Posted May 20, 2005 Report Share Posted May 20, 2005 HUI 168 is key to hold. Link to comment Share on other sites More sharing options...
ThorAss Posted May 20, 2005 Report Share Posted May 20, 2005 Since I'm in that kind of mood thought I would find which PMS stocks had the biggest percent fall off their highs in the last 18 months as of yesturdday's close. Weighing in at less than a quarter of their highs are: DROOY MNG PMU RANGY But that is piffle and bit of change compared to off to less than an eighth. CAU -cow But the star underachiever? AGT 1/9 of high. Link to comment Share on other sites More sharing options...
Old Habits Posted May 20, 2005 Report Share Posted May 20, 2005 It seems like the selling is sort of slowly exhausting itself. Unfortunately that doesn't mean there will be any kind of sharp rebound. Will be looking at the COT data for the week, and hopefully somewhat of a blowoff top the buck. Link to comment Share on other sites More sharing options...
Guest Posted May 20, 2005 Report Share Posted May 20, 2005 this am, so far, gold made new lows, BUTT the xau/hui have not. divergence. i am and have been using the same count as bv. and i fully expect new lows in the xau/hui, or at best to be tested. what i am looking for is the momo divergences to hold. thus putting in a good bottom. if that occurs then i will go all in. this should happen within the next week. dharma Link to comment Share on other sites More sharing options...
Old Habits Posted May 20, 2005 Report Share Posted May 20, 2005 this am, so far, gold made new lows, BUTT the xau/hui have not. divergence. i am and have been using the same count as bv. and i fully expect new lows in the xau/hui, or at best to be tested. what i am looking for is the momo divergences to hold. thus putting in a good bottom. if that occurs then i will go all in. this should happen within the next week. dharma <{POST_SNAPBACK}> Funny, I was just about to post that Bearvests' charts/predictions seem to be the way it is playing out, so far anyway. This could be far worse today than it is. Then again, it's been so bad already I've come to expect things to collapse just about everyday. I wonder how long they can keep shaking the tree without at least some sort of meaningful bounce? Link to comment Share on other sites More sharing options...
traderfromhell Posted May 20, 2005 Report Share Posted May 20, 2005 A bull market really won't be signalled till 140 dollars north of here. Getting tiresome this bullshit. Picking bottoms can be expensive. All I see is more volume south than north. I'm out and will watch this a while. Two day rally. Link to comment Share on other sites More sharing options...
ThorAss Posted May 20, 2005 Report Share Posted May 20, 2005 this am, so far, gold made new lows, BUTT the xau/hui have not. divergence. i am and have been using the same count as bv. and i fully expect new lows in the xau/hui, or at best to be tested. what i am looking for is the momo divergences to hold. thus putting in a good bottom.? if that occurs then i will go all in.? this should happen within the next week. dharma <{POST_SNAPBACK}> Funny, I was just about to post that Bearvests' charts/predictions seem to be the way it is playing out, so far anyway. This could be far worse today than it is. Then again, it's been so bad already I've come to expect things to collapse just about everyday. I wonder how long they can keep shaking the tree without at least some sort of meaningful bounce? <{POST_SNAPBACK}> I'm seeing some similarities here to some previous breakdowns. Tendency is to take 12 +/- 1 weeks to reach the last low. Last 2 or 3 weeks with similar or equal lows. We are now 12 weeks into this decline with the last 2 weeks reaching similar lows. This supports the maybe a retest of the lows (and maybe not) and a rally of some duration. On the long term charts, bearish divergences abound so I'll call a summer rally to the 210 level on the Hooey. However, if we push through that level with any volume I expect we head up to make a significant new high. On the downside the whole 8 year cycle since 2000 looks like a big roll over here with a pick your own bottom situation. In this scenario I would pick 100 or thereabouts. Don't think it could happen? Hmmmm, I wonder. Link to comment Share on other sites More sharing options...
ThorAss Posted May 20, 2005 Report Share Posted May 20, 2005 If any of you are actually Kylie Minogue can I just say, Get well soon Kyles and best of lucky lucky lucky. You'll always be my Aussie Golden Girl. Link to comment Share on other sites More sharing options...
ThorAss Posted May 20, 2005 Report Share Posted May 20, 2005 Oh and I daydonged NEM today but since I need my beauty sleep I closed it already for a modprof. This was also against the trend as both NEM and the Zow remain in weak downtrends in my model which uses 65 min candles and 10 period WMAs to give you the timeframe. I suppose everyone has noticed the extreme similarities between this and last years decline. Same time of year, starting and (hopefully) finishing at similar levels. Both have featured 4 (hopefully) waterfall declines. This slump has chewed up twice as much time however, 12 weeks vs 6 roughly. I'm willing to believe ole Bernie FG Guy, and we are close to a low in time and price. He is saying next week. Well okay with me but frankly I'd prefer a few more weeks of sideways. Oh and I'm getting married on the 4th of June in case I forgot to menshun it. Link to comment Share on other sites More sharing options...
traderfromhell Posted May 20, 2005 Report Share Posted May 20, 2005 this am, so far, gold made new lows, BUTT the xau/hui have not. divergence. i am and have been using the same count as bv. and i fully expect new lows in the xau/hui, or at best to be tested. what i am looking for is the momo divergences to hold. thus putting in a good bottom. if that occurs then i will go all in. this should happen within the next week. dharma <{POST_SNAPBACK}> Funny, I was just about to post that Bearvests' charts/predictions seem to be the way it is playing out, so far anyway. This could be far worse today than it is. Then again, it's been so bad already I've come to expect things to collapse just about everyday. I wonder how long they can keep shaking the tree without at least some sort of meaningful bounce? <{POST_SNAPBACK}> I'm seeing some similarities here to some previous breakdowns. Tendency is to take 12 +/- 1 weeks to reach the last low. Last 2 or 3 weeks with similar or equal lows. We are now 12 weeks into this decline with the last 2 weeks reaching similar lows. This supports the maybe a retest of the lows (and maybe not) and a rally of some duration. On the long term charts, bearish divergences abound so I'll call a summer rally to the 210 level on the Hooey. However, if we push through that level with any volume I expect we head up to make a significant new high. On the downside the whole 8 year cycle since 2000 looks like a big roll over here with a pick your own bottom situation. In this scenario I would pick 100 or thereabouts. Don't think it could happen? Hmmmm, I wonder. <{POST_SNAPBACK}> Me three. Everybody wants to pick the bottom. Getting me nervous. See what next week holds. Link to comment Share on other sites More sharing options...
Guest Posted May 20, 2005 Report Share Posted May 20, 2005 Thor .. Married ? WoW. Congratulations. Link to comment Share on other sites More sharing options...
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