Charmin Posted June 30, 2007 Report Share Posted June 30, 2007 A number of years back I bought the precious metals fund PMPIX before I had left on a summer vacation with the family. I was kinda surprised later that the fund had actually gained a tad while I was gone and went on to rally into late fall. Actually, the years 2003, 2004 and 2005 did this. If you look at the position of the current PMPIX fund, one may be able to assume that there is a stopping in the price at prior yearly support with some consolidation just above 36. http://www.StockSharePublishing.com/ChartL..._1183175673.png If this chart is any indication that sellers have exhausted themselves, then it may be safe to assume at some point they begin to cover. In that case the almost forgotten stock NEM may have a bottom. I like to think it doesn't have to arrive at prior May bottoms to prove it. http://www.StockSharePublishing.com/ChartL..._1183175857.png Otherwise, HL looks like it's building cause above 7.50 http://www.StockSharePublishing.com/ChartL..._1183176031.png Keep up the good work. Link to comment Share on other sites More sharing options...
bearvest Posted June 30, 2007 Report Share Posted June 30, 2007 Triangle patterns: I see a lot of triangles in the miners' charts. Sometimes they're falling wedges. Triangles, nevertheless, are continuation patterns. Thus, I believe that these triangles are correcting prior bullish moves. NG has a possible breakout from a symmetrical triangle. Maybe it's heading up to fill that gap or die at gap resistance Link to comment Share on other sites More sharing options...
bearvest Posted June 30, 2007 Report Share Posted June 30, 2007 GSS: Possible triangle breakout. However, it looks more like waves iii and iv of the 5th wave of an ending diagonal. An ending diagonal should be 5 waves with 3 hits on the lower trendline. Thus, it could take a final trip down to 3.50. It looks like an interesting bottom fish if it hits that level. No matter what, the target, once this impulse down completes is 4.10 to 4.20 (waves 4 and 1 of the prior impulse). If you haven't noticed it before, note how ending diagonals create Bullish divergence on MACD. This is my favourite trading pattern. I'll enter a pilot position (about 20% of a full position ) at what I believe is wave v of 5 with a very tight stop below the lower trendline. If I'm stopped out, so be it. If I'm right and the stock takes out the upper trendline, I'll take a full position, usually waiting and hoping for a backtest of the upper trendline. In every case, the initial target, subject to continuing adjustment, is where the wedge began. It's consistent with my philosophy to "buy high and sell higher". Link to comment Share on other sites More sharing options...
bearvest Posted June 30, 2007 Report Share Posted June 30, 2007 COT Report: Some say this indicator is "an ancient relic". None the less, it's pretty bullish. http://news.goldseek.com/COT/1183145580.php Link to comment Share on other sites More sharing options...
bearvest Posted June 30, 2007 Report Share Posted June 30, 2007 NEM: Looks like an ending diagonal. Link to comment Share on other sites More sharing options...
bearvest Posted June 30, 2007 Report Share Posted June 30, 2007 Hecla: I call this stock "Hellcat". It has a chart pattern that defies logic. Ordinarily, when a stock rises in a channel with constant overlaps, it's bearish and the pattern is a likely WXY, or a more complex pattern of ABC's. So that's what I thought about HL--until it hit multi-year highs, taking out the 2003 highs in April. Posted below is the "WRONG COUNT" chart. It may look like 5 waves up, but 4 overlaps 1. It's just not possible in wave 3. Also posted below is the "INCREDIBLE RALLY" chart. It has 4 sets of 1/2 patterns signalling a host of 3rd of 3rds to follow. The reason I call this the "incredible rally" is that 3rd waves are strong impulses.They don't usually start from a host of overlapping patterns. I've posted my bullishness about selected silver stocks--SLW, HL, and CDE (bottoming), despite the smackdown in SILVER itself. HL could be the leader of the leaders if that "incredible rally" chart is accurate. Link to comment Share on other sites More sharing options...
Ageka Posted June 30, 2007 Report Share Posted June 30, 2007 Montly stochs coming down oh so slowly same ole same as last week Link to comment Share on other sites More sharing options...
Ageka Posted June 30, 2007 Report Share Posted June 30, 2007 Weekly stochs staying down good boy Link to comment Share on other sites More sharing options...
Ageka Posted June 30, 2007 Report Share Posted June 30, 2007 Daily stochs down too Link to comment Share on other sites More sharing options...
Ageka Posted June 30, 2007 Report Share Posted June 30, 2007 I am looking at a low in july My moodindicator being collectable coins on ebay germany is very low too Link to comment Share on other sites More sharing options...
dharma Posted June 30, 2007 Report Share Posted June 30, 2007 ageka, i read your post on m/m and its how it is posting. i too have been trading futures since 79 and i moved over to the stock side after 88. i post to try and help folks. anyway, i always read your posts. the harmonics bottom on my work july 12-18. most lose money @this. emotions play a big part in that and also not having studied the beast, leads to loses. having brokered and traded, i have come to the conclusion that finding a trend and taking a position and holding it, leads to the biggest profits. and its easier on the trader. constantly making decisions is a tough way to go. so, i am holding. yes the last year has been a trading range , but i believe it is about to end and new highs will be seen in 1st quarter of 08. dharma Link to comment Share on other sites More sharing options...
Ageka Posted June 30, 2007 Report Share Posted June 30, 2007 I have read the Investors Quotient by Jacob Berstein Some people like to lose money because it is easier to tell to anybody else you lost a bundle then to tell somebody you made a bundle and face the envy Emotions are the ennemy It is allways wonderfull that you and I come to the same timing by different ways Yes apart from my option sprees I also choose a side and buy and hold I was trying to help goldcoin buyers by grading for free goldcoins ; nobody ever thanked me because they all expect a higher grade which they can buy from any of the 40 or so grading companies . I just stopped that ; if they want make belief they can go and buy it I asked for some computer help on that coinforum and notwithstanding there are at least three computer engineers nobody wanted to help . I appreciate your posts very much August Link to comment Share on other sites More sharing options...
Ageka Posted July 1, 2007 Report Share Posted July 1, 2007 I need some computerhelp I want to connect a new XP pro laptop sitting next to a pentium on win98 SE So that the laptop is the master and the other the slave Programs should be executionable on the slave . The only advise I got sofar is to install a router and ethernet card and ethernet cabled network and run pcanywhere or netmeeting which is build to operate your computer from the other side of the world ; but they are sitting side by side . Any computer specialists amongt you have any idea ? pm if you want thanks Link to comment Share on other sites More sharing options...
Metamucil Posted July 1, 2007 Report Share Posted July 1, 2007 Ageka, always appreciate your posts. The 'mood' within the monthly coil is getting worse, as it approaches 20EMA support and an upside 'accident' is in the offing. Link to comment Share on other sites More sharing options...
AgentSmith Posted July 2, 2007 Report Share Posted July 2, 2007 I need some computerhelp I want to connect a new XP pro laptop sitting next to a pentium on win98 SE So that the laptop is the master and the other the slave Programs should be executionable on the slave . The only advise I got sofar is to install a router and ethernet card and ethernet cabled network and run pcanywhere or netmeeting which is build to operate your computer from the other side of the world ; but they are sitting side by side . Any computer specialists amongt you have any idea ? pm if you want thanks 588555[/snapback] Ageka, what worked for me in the past is just using a simple "cross-over cable". You obviously need an ethernet card in each computer and then just connect the two directly with the cable, which is only a few bucks. - Make sure they have the same WORKGROUP name. - Enable File and Printer Sharing for Microsoft Networks. - Enable or add the right network protocol (under LAN, add a new protocol if you don't already have it, I believe simple NetBeui will do but maybe ipx / tcp). Then under network neighborhood you should see the name of the other computer listed and be able to browse whatever you've shared. (Sometimes different OS don't behave well, I can't remember which combo I ran into problems with...but it's likely win9598 with 2yk or above). Before, in order to control my computer at work from home, I used simple Microsoft 'Remote Desktop Connection' which is installed on all newer computers - older computers you just have to download/install it. It was a beautiful thing.. I'm writing this from memory and it's been about 2 years since I've hooked up my older computer - so no guarantees. Hope it works out! Link to comment Share on other sites More sharing options...
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