Ageka Posted August 12, 2011 Report Share Posted August 12, 2011 ageka - have you noticed that the long cycle takes dominace over the short cycle? i am looking for this top to come aug/oct . i still think this leg has more to go. just my 2c dharma What do you call long cycle and short cycle in this case ? I have maximum probability of a peak on august 16 and increasing daily The old Seven system . Link to comment Share on other sites More sharing options...
dharma Posted August 12, 2011 Report Share Posted August 12, 2011 What do you call long cycle and short cycle in this case ? I have maximum probability of a peak on august 16 and increasing daily The old Seven system . long cycle -22months short cycle -107 days i actually have the 15th for the short cycle top. but, i am deferring to the long cycle here. not my usual mo. yes, i see the h&s pattern developing on gold. but until 1716 is taken out i will remain long here. dharma Link to comment Share on other sites More sharing options...
Ageka Posted August 12, 2011 Report Share Posted August 12, 2011 long cycle -22months short cycle -107 days i actually have the 15th for the short cycle top. but, i am deferring to the long cycle here. not my usual mo. yes, i see the h&s pattern developing on gold. but until 1716 is taken out i will remain long here. dharma I went 10 % cash to reshuffle my shares again on the bottom of next 107 cycle. Of the 5 or 6 miners I left behind I have no sorrow Anglogold, Harmony , Drooy, Kinross, Yamana, Minefinders . Just now sold Aura and TNX TNX in candollars has a broken downwards head and shoulder (not really confirmed but I no longer wait these days but act For me the long cycle is 11 and 22 months Link to comment Share on other sites More sharing options...
Ageka Posted August 12, 2011 Report Share Posted August 12, 2011 long cycle -22months short cycle -107 days i actually have the 15th for the short cycle top. but, i am deferring to the long cycle here. not my usual mo. yes, i see the h&s pattern developing on gold. but until 1716 is taken out i will remain long here. dharma I went 10 % cash to reshuffle my shares again on the bottom of next 107 cycle. Of the 5 or 6 miners I left behind I have no sorrow Anglogold, Harmony , Drooy, Kinross, Yamana, Minefinders . Just now sold Aura and TNX TNX in candollars has a broken downwards head and shoulder (not really confirmed but I no longer wait these days but act For me the long cycle is 11 and 22 months Link to comment Share on other sites More sharing options...
Dharmaeye Posted August 17, 2011 Report Share Posted August 17, 2011 Louise Yamada http://video.cnbc.com/gallery/?video=3000038922 Link to comment Share on other sites More sharing options...
dharma Posted August 17, 2011 Report Share Posted August 17, 2011 1793 is resitance. watching this area closely. raised 10% cash, last time we were here, gold had a correction. so i lightened up 10%. we need a couple of closes over 1793 to bring the 1900s into focus. my sense is more folks are waking up to the problems and going to real money dharma Link to comment Share on other sites More sharing options...
traderfromhell Posted August 17, 2011 Report Share Posted August 17, 2011 dharma I think they are waking up but not so sure they are involved in the metals as of yet. At least they haven't told me. I gave up on preaching a few years back and at this point I would rather no one that I do not want to know does know. Link to comment Share on other sites More sharing options...
Charmin Posted August 24, 2011 Author Report Share Posted August 24, 2011 I guess the world was excited to see gold at 1900, but then took profit down to 1830. First leg pullback? Link to comment Share on other sites More sharing options...
bearvest Posted August 24, 2011 Report Share Posted August 24, 2011 HUI: Despite my admonition to post only when bullish, I submit the following for your consideration. After all, men (and women) of honor may honestly disagree. Some folks say that the miners will catch up to the price of bullion. If so, go long the miners and short the metal for a Dennis Gartman type of hedged trade. Or simply hold GG long and sell call optios 10-12 weeks out when Stochastic is above 80 and close them out when Stochastic is below 20. I disagree. I'm short the miners. Period. I don't subscribe to a "triple top" theory. I'll let you know when I cover. But it's been a nice ride. Link to comment Share on other sites More sharing options...
Ageka Posted August 24, 2011 Report Share Posted August 24, 2011 HUI: Despite my admonition to post only when bullish, I submit the following for your consideration. After all, men (and women) of honor may honestly disagree. Some folks say that the miners will catch up to the price of bullion. If so, go long the miners and short the metal for a Dennis Gartman type of hedged trade. Or simply hold GG long and sell call optios 10-12 weeks out when Stochastic is above 80 and close them out when Stochastic is below 20. I disagree. I'm short the miners. Period. I don't subscribe to a "triple top" theory. I'll let you know when I cover. But it's been a nice ride. I tend to agree I am 20% cash since monday We have been going nowhere since december so I do not consider that a nice ride Link to comment Share on other sites More sharing options...
Ageka Posted August 24, 2011 Report Share Posted August 24, 2011 double Link to comment Share on other sites More sharing options...
dharma Posted August 25, 2011 Report Share Posted August 25, 2011 i went to 20%cash on tuesday. and i am just watching here. it could be that the top is in but maybe not. i have turns friday/monday. dharma Link to comment Share on other sites More sharing options...
Charmin Posted August 26, 2011 Author Report Share Posted August 26, 2011 Some folks say that the miners will catch up to the price of bullion. Just when I had that idea Bearvest sunk my enthusiasm. Link to comment Share on other sites More sharing options...
dharma Posted August 26, 2011 Report Share Posted August 26, 2011 what tools does the fed have @its disposal? regulate interest rates. which are essentially @0 till 13 and print money. well gold heard him and so did the broads. did some buying this am on the announcement. why should we expect anything else from the bernake. dharma Link to comment Share on other sites More sharing options...
Charmin Posted September 1, 2011 Author Report Share Posted September 1, 2011 September is here. The weather outside can be frightful at times. Link to comment Share on other sites More sharing options...
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