Charmin Posted June 8, 2005 Author Report Share Posted June 8, 2005 wow, I must of scared everyone away.... XAU is now in the midst of Bernie's Fib squat of 85.61 --84.39 closed low at 85.44 watching WTZ at the 9 area creek SSRI at 11.50 creek PAAS in the low 14 area creek and either the possiblity of trading range highs recently or we build cause here and then move higher... Link to comment Share on other sites More sharing options...
Charmin Posted June 8, 2005 Author Report Share Posted June 8, 2005 what could be worrisome is the general market sinking off the highs and dragging the liquidity out of the PM sector our demand rally is over... just need to see the supply dry up and move sideways.. and if so.... at a higher level... Link to comment Share on other sites More sharing options...
Guest Posted June 8, 2005 Report Share Posted June 8, 2005 tfh, i subscribed to mcivity years ago, he didnt make money trading. what mines are only n.american. it is possible this was an A up, we are in B now, and C wave up is next. then back to lows. i will get into a strategy once the next wave up occurs. dharma Link to comment Share on other sites More sharing options...
Charmin Posted June 8, 2005 Author Report Share Posted June 8, 2005 Bernie's latest.. The XAU pulled back towards Fibonacci Cluster Support, where longs should be scaled in chart http://www.feargreed.com/showgraph2.php as of yesterday Doc was showing the 17 and 29 day rate of changes still positive... Link to comment Share on other sites More sharing options...
Guest Posted June 8, 2005 Report Share Posted June 8, 2005 rsi divergences, on the hourly xau. @ .382 . could be the bottom, but i am waiting. if this is the bottom, it shows great strength. dharma Link to comment Share on other sites More sharing options...
Charmin Posted June 8, 2005 Author Report Share Posted June 8, 2005 GG has some support below 14... looks pretty good so far HMY pulled back to 7.20 area off the 8 area creek above. Be nice to see the supply absorbed and move higher back to creeks areas... Link to comment Share on other sites More sharing options...
Old Habits Posted June 8, 2005 Report Share Posted June 8, 2005 rsi divergences, on the hourly xau. @ .382 . could be the bottom, but i am waiting. if this is the bottom, it shows great strength. dharma <{POST_SNAPBACK}> Let's hope so. Glad to see Bearvest's constructive outlook on silver holding up so far. Would like to have one of those days where the lid gets blown off on the silver price. Link to comment Share on other sites More sharing options...
Guest Posted June 8, 2005 Report Share Posted June 8, 2005 dharma .. yes, I posted the article, and I think what you say is possible. This PM owning activity is so brutal to my nerves at times that I too do as TFH suggests, I buy only NA reserve miners. That said, I hold quite a bit of HL and they of course do have S. American exposure. Wish I could be of more help, but man ... at times I think I'm doing good just hanging on and not selling the whole ball of wax and waiting things out. regards Link to comment Share on other sites More sharing options...
Charmin Posted June 8, 2005 Author Report Share Posted June 8, 2005 WTZ moves off 9 area creek... Link to comment Share on other sites More sharing options...
Charmin Posted June 8, 2005 Author Report Share Posted June 8, 2005 SSRI building cause above the 11.50 area creek silver between 7.40 to 7.60 building cause for a move Link to comment Share on other sites More sharing options...
Ander Posted June 8, 2005 Report Share Posted June 8, 2005 Just bought WTZ, 8.80 area support. Link to comment Share on other sites More sharing options...
Guest Posted June 8, 2005 Report Share Posted June 8, 2005 hourly divergences on xau holding so far. waiting to see if they hold, if they do i will start buying. can someone please give me n.american names of miners. tia. about 50% long and waiting to scale into the rest. dharma Link to comment Share on other sites More sharing options...
traderfromhell Posted June 8, 2005 Report Share Posted June 8, 2005 hourly divergences on xau holding so far. waiting to see if they hold, if they do i will start buying. can someone please give me n.american names of miners. tia. about 50% long and waiting to scale into the rest. dharma <{POST_SNAPBACK}> take a look at www.infomine.com Link to comment Share on other sites More sharing options...
Charmin Posted June 9, 2005 Author Report Share Posted June 9, 2005 Just bought WTZ, 8.80 area support. <{POST_SNAPBACK}> they sold it.. weak reaction.... another day... sorry Link to comment Share on other sites More sharing options...
Charmin Posted June 9, 2005 Author Report Share Posted June 9, 2005 so far SSRI has held the 11.50 area creek so 13 above and 11.50 below... man, we need more demand Link to comment Share on other sites More sharing options...
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