I_Am_Madness Posted March 28, 2012 Report Share Posted March 28, 2012 Gold Still Probing For Bottom In Prep For Big Move Looks like bottom might have gotten hammered out. A close below 1640 and things get real dicey. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 28, 2012 Report Share Posted March 28, 2012 Just tremendous. Billions made every night with a gap up. This move is by far the strongest out of the past 3-4 moves. Valued over 577 billion. This is almost 1.44x bigger than the 2nd biggest company by market cap out there. Link to comment Share on other sites More sharing options...
DrStool Posted March 28, 2012 Report Share Posted March 28, 2012 spx 2 day cycle projection 1408. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 28, 2012 Report Share Posted March 28, 2012 Dong Gold (April GC) at 1676.10. Stop below 1670. Stopped out at 1669.1 for -7. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 28, 2012 Report Share Posted March 28, 2012 GDX NOT looking so hot... Link to comment Share on other sites More sharing options...
DrStool Posted March 28, 2012 Report Share Posted March 28, 2012 A little overshoot on my initial 2 day cycle projection, but the new projection is only 1404 so the market is in the ballpark. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 28, 2012 Report Share Posted March 28, 2012 Posted this yesterday... If yesterday's high was the top...then that would make it only 3 days. The duration of the rally is slowing. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 28, 2012 Report Share Posted March 28, 2012 Posted this yesterday... If yesterday's high was the top...then that would make it only 3 days. The duration of the rally is slowing. Currently.. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 28, 2012 Report Share Posted March 28, 2012 Probably "healthy" profit taking....right? It is quarter/month end the next 2 trading days. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 28, 2012 Report Share Posted March 28, 2012 Now we talking. Link to comment Share on other sites More sharing options...
DrStool Posted March 28, 2012 Report Share Posted March 28, 2012 Now that the 2 day cycle projection has been slightly breached let's look at the 5 day. New projection points to 1387. Immediate support lines are at 1403 and 1400, where there should be a bounce. Link to comment Share on other sites More sharing options...
DrStool Posted March 28, 2012 Report Share Posted March 28, 2012 Went through 1402 5 day cycle line like hot knife through buddah. Link to comment Share on other sites More sharing options...
K Wave Rider Posted March 28, 2012 Report Share Posted March 28, 2012 After seeing McClellan snap back to zero line, now watching for possible 3 drive top on Crapple on hourly... See if bears can pull off da reamversal here today. Copper, Trannies still acting relatively much weaker... Link to comment Share on other sites More sharing options...
K Wave Rider Posted March 28, 2012 Report Share Posted March 28, 2012 Goldman calling for big Gold rally just as Gold finishes back kiss of 200 day...you gonna play with da muppets? If that MACD turns back down from this level, could get ugly fast inside the crash window.... Back above 1700 and stick save likely... Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 28, 2012 Report Share Posted March 28, 2012 All of Monday's gains....GONE. Link to comment Share on other sites More sharing options...
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