Jump to content


Photo
- - - - -

Quarterly Digger - Til the Fireworks


  • This topic is locked This topic is locked
89 replies to this topic

#1 Charmin

Charmin

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 34,175 posts

Posted 01 April 2012 - 03:47 PM

I suspect that not many care much about mining stocks since some have been correcting for a year now.

I'll simply post a quote from Mike Swanson as he is talking about gold stocks.
"They may have reached a bottom now or they may do it later this spring or summer on a broad market pullback. My bet is on the latter, but probably not from prices too much lower than here.

AUY is holding up fairly well along with the consolidation in gold.

Attached Thumbnails

  • AUY april1.jpg

  • 0
Cycles + Wyckoff + NTM = TechnoPile
A true Master averts disaster

#2 Whadda I Do Whadda I Do

Whadda I Do Whadda I Do

    Associate Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPip
  • 4,763 posts

Posted 02 April 2012 - 02:30 PM

I don't see how you get much inflation when everyone is hording (mainly banks) all the newly created credit. The must have things like oil are going up in price but even that is curtailed with consumer driving less, get stuck in a loop of driving less still costs more.

The SOW seems to have hit fair value when denominated in current funny money and can only attain new highs if consumers spend, which Congress and the Federal Reserve can't seem to invoke.

Deflation will begin eating away at regular stock pricing unless another round of money pumping sets in.

Miners go no where until big money shows some interest in the shares which will probably happen after spots put on a move.
  • 0

Go ahead, void the warranty...


#3 bearvest

bearvest

    Assistant Professor of Stock Proctology

  • Members
  • PipPipPipPipPip
  • 3,554 posts

Posted 05 April 2012 - 12:06 AM

HUI:

Entering the Weekly Stochastic "buy zone". Flirting with the lower trendline of an expanding triangle. And nearing an important zone of support/resistance zone at or just below 425.

Attached Thumbnails

  • sc1.png

  • 0
Make dust, or you'll be left in the dust of others.

#4 jp6

jp6

    Stock Proctology Intern

  • Members
  • Pip
  • 240 posts

Posted 05 April 2012 - 05:22 AM

I don't see how you get much inflation when everyone is hording (mainly banks) all the newly created credit. The must have things like oil are going up in price but even that is curtailed with consumer driving less, get stuck in a loop of driving less still costs more.

The SOW seems to have hit fair value when denominated in current funny money and can only attain new highs if consumers spend, which Congress and the Federal Reserve can't seem to invoke.

Deflation will begin eating away at regular stock pricing unless another round of money pumping sets in.

Miners go no where until big money shows some interest in the shares which will probably happen after spots put on a move.




When fed talks about deflation it’s all about asset prices. Savers are already facing deflating yield and living standard. There is always something that is inflating and it may not be gold. Don’t think gold is going to go up forever and funny money era is coming to an end

Gold stocks seems to only go up if gold goes up must be due to poor management unable to control production cost. Stocks are good for trading





Bottom around 18th-28th April???


Attached Thumbnails

  • gols_hui.png
  • gold bullish.png

  • 0

#5 Whadda I Do Whadda I Do

Whadda I Do Whadda I Do

    Associate Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPip
  • 4,763 posts

Posted 05 April 2012 - 11:11 PM

An election year, so not to wild as they try to hold oil and gold down and hope they can get the markets to at least go sideways. As someone somewhere else said, it's not the stock market but the Federal Market as they have the front-man banks trade between themselves and try to persuade the big funds to go along for the ride. Consumers are still the long term trend setters and without their participation all manipulations are an exercise in futility.

Sure there will be some kind of low soon and a typical pop in May and then down until around August 1st.

Even trading stocks is tough if deflation isn't countered with more QE. Consumers probably hunker down until the Supreme Court has it say. Not that it will help either way because of debt we are all doomed, but it (the decision on obummer care) is still an unknown of how fast we crash and burn in the long run.

Things get worse before they get better. Gold may not make new highs for another year or two.

The bright spot is silver, they can't get it to crash through the $30 level. Once silver bottoms then silver miners will be the place to park most of your trading money. No rush though, it will take some more time especially if this PM bull runs 25 years instead of 20.
  • 0

Go ahead, void the warranty...


#6 jp6

jp6

    Stock Proctology Intern

  • Members
  • Pip
  • 240 posts

Posted 10 April 2012 - 02:28 PM


Mali sanctions lifted and gold mines should be operating normally
political settlement appears to have been brokered in Mali following the recent coup with an agreement by the military junta to reinstate the country's Constitution. The president of the national assembly is to act as head of state and oversee the appointment of an interim Prime Minister to oversee the return to a democratic system. The former President, Amadou Toumani Toure, who had been due to step down this month anyway, has formally resigned as head of state and as a consequence the country's neighbours have lifted the sanctions which they had imposed following the coup. These had disrupted the flow of supplies into the landlocked country, notably of oil, which would have had the potential of bringing the mines to a halt.

The Mali coup was an unusual one in that it primarily was caused by unrest in the Army which felt it was not being given sufficient support and supplied to counter a Touareg rebel insurgency in the north of the country, rather than one of overall political opposition. To an extent it has thus perhaps been easier to re-implement an initial consensus hopefully leading to a rapid return to democratic rule.




My link



  • 0

#7 Whadda I Do Whadda I Do

Whadda I Do Whadda I Do

    Associate Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPip
  • 4,763 posts

Posted 10 April 2012 - 02:54 PM



Too bad, even though the HUI was traveling and consolidating sideways it was also forming a bearish rounding tops formation then broke down. Hard to find a bottoming support line but this might be it short term. RGLD beginning to lead today after this latest sell off seems to be ending (in miners).

Bargain hunters in miners ignoring the regular 'Federal Market' place downward action that is begging for more QE. Going to guess that tax receipts are weak.
  • 0

Go ahead, void the warranty...


#8 Whadda I Do Whadda I Do

Whadda I Do Whadda I Do

    Associate Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPip
  • 4,763 posts

Posted 10 April 2012 - 03:09 PM

[Uploading images doesn't seem to be working for me today. Had a few lines drawn on a HUI chart. Will try uploading chart again later.]
  • 0

Go ahead, void the warranty...


#9 jp6

jp6

    Stock Proctology Intern

  • Members
  • Pip
  • 240 posts

Posted 10 April 2012 - 03:37 PM

Awaiting for the bullish percent index to give a buy signal

click here

Attached Thumbnails

  • Untitled.png

  • 0

#10 Carnac

Carnac

    Stock Proctology Intern

  • Members
  • Pip
  • 29 posts

Posted 10 April 2012 - 06:56 PM

And the envelope please....
GG's pivot points indicate it's low was put in April 5 at $40.47. It also made a Chapman Wave Peak "F" Bottom on the daily. So what goes down will now go up.

Attached Thumbnails

  • Chart low 2.jpg

  • 0

#11 Whadda I Do Whadda I Do

Whadda I Do Whadda I Do

    Associate Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPip
  • 4,763 posts

Posted 10 April 2012 - 11:56 PM

When I was checking my past uploaded charts and pics to see where I might have gone wrong with my latest uploading failure, I noticed that one of my pics had been downloaded over 500 times (maybe 5 times for a chart or pic is typical). All the guilty downloaders know which pic I'm talking about, u bunch of sic fuks.
  • 0

Go ahead, void the warranty...


#12 Carnac

Carnac

    Stock Proctology Intern

  • Members
  • Pip
  • 29 posts

Posted 11 April 2012 - 10:59 AM

On the American Bulls site the buy was confirmed yesterday April 10th for the Gold Bugs Index.

Attached Thumbnails

  • Gold Bug.jpg

  • 0

#13 Whadda I Do Whadda I Do

Whadda I Do Whadda I Do

    Associate Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPip
  • 4,763 posts

Posted 18 April 2012 - 11:06 PM

[error]
  • 0

Go ahead, void the warranty...


#14 jp6

jp6

    Stock Proctology Intern

  • Members
  • Pip
  • 240 posts

Posted 20 April 2012 - 04:42 AM

Gold stocks have gaven a preliminary buy signal, Lets see how well Gold and Gold stocks will do

:unsure: :unsure: :closedeyes:

Posted Image
  • 0

#15 stoolbob-brownpants

stoolbob-brownpants

    Stock Proctology Intern

  • Members
  • Pip
  • 285 posts

Posted 20 April 2012 - 10:22 AM

I await when this quarterly digger becomes an
anally digger due to lack of interest. :lol: :P
  • 0




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users


The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!
Get Mugged!


Dr. Stool's
Book Search

Enter title, author, or keyword
Just books
All Products





Old Stool Depository

Live Steaming Pile Chart