Charmin Posted May 14, 2003 Report Share Posted May 14, 2003 If you drew a massive descending wedge off Doc's chart then we'd have to go down now to around 750 then seasonal up to Jan. 2004 high of 850 then squeeze all the way down to 700 in 2004 ya think that is possible for 2004 ya want to see the chart Link to comment Share on other sites More sharing options...
Charmin Posted May 14, 2003 Report Share Posted May 14, 2003 here it is anyway :grin: Link to comment Share on other sites More sharing options...
richmtn Posted May 14, 2003 Report Share Posted May 14, 2003 If you drew a massive descending wedge off Doc's chart then we'd have to go down now to around 750 then seasonal up to Jan. 2004 high of 850 then squeeze all the way down to 700 in 2004 ya think that is possible for 2004 ya want to see the chart I'm looking for much the same but lately I'm beginning to wonder about my sanity. Link to comment Share on other sites More sharing options...
Charmin Posted May 14, 2003 Report Share Posted May 14, 2003 or else bears will have they're undies as wedgies they must be pushing hard to get us out of that wedgy the market must obey my wedgy or else I have to turn over a near leaf Link to comment Share on other sites More sharing options...
Guest AssMaster Posted May 14, 2003 Report Share Posted May 14, 2003 XAU Link to comment Share on other sites More sharing options...
Guest AssMaster Posted May 14, 2003 Report Share Posted May 14, 2003 You know, WMB has performed far better than any gold stock. Link to comment Share on other sites More sharing options...
Charmin Posted May 14, 2003 Report Share Posted May 14, 2003 well there's no reason to be bearish during a gold cycle up phase as long as they continue to buy the dips now, has 7-11 leaned more to the bullish side Link to comment Share on other sites More sharing options...
Guest AssMaster Posted May 14, 2003 Report Share Posted May 14, 2003 well there's no reason to be bearish during a gold cycle up phase as long as they continue to buy the dips now, has 7-11 leaned more to the bullish side Good question. Has The Collective reached a consensus? Link to comment Share on other sites More sharing options...
Guest Posted May 14, 2003 Report Share Posted May 14, 2003 $XAU works. Ha, indeed, thanks. I don't know why it didn't work when I tried it - I've probably screwed up something. Anyway. Notice how the best performing system is the one based on the 40-day CCI? Nothing magical in this indicator - given the dominant 82-day cycle, I wouldn't be surprised if any system based on a 40-day indicator shows great results. :grin: Regards, Vesselin Link to comment Share on other sites More sharing options...
Charmin Posted May 14, 2003 Report Share Posted May 14, 2003 The Collective reached a consensus? scary though during scam week Link to comment Share on other sites More sharing options...
Guest Posted May 14, 2003 Report Share Posted May 14, 2003 Fibonacci 50% retracement between the February high (389.90) and the April low (322.10) of $GOLD is at 355.50. Likely to be resistance - although not as strong as the 38.2% and 61.8% retracements... Regards, Vesselin Link to comment Share on other sites More sharing options...
Guest Posted May 14, 2003 Report Share Posted May 14, 2003 RGLD finally closed that dreadful gap: Regards, Vesselin Link to comment Share on other sites More sharing options...
Guest Posted May 14, 2003 Report Share Posted May 14, 2003 Not gold-related but I just have to share this... Believe it or not, I'm long this stock since 0.50: That's the good news. The bad news is, I own only 1 share of it. :cry: Kickself. Oh, well. At least I'm not short this stock. Regards, Vesselin Link to comment Share on other sites More sharing options...
Charmin Posted May 14, 2003 Report Share Posted May 14, 2003 I just noticed how Thor's $GOLD chart has labeled a swing high of $359 - that must be the swing high target we need to test that Tom O'Brien was talking about. swing high sweet chariot for some reason GFI looks good today after I was fuzzy eyed early this morning scaling back my wide eyed view Link to comment Share on other sites More sharing options...
SevenOfEleven Posted May 14, 2003 Report Share Posted May 14, 2003 now, has 7-11 leaned more to the bullish side Seven's sitting here thinking that it looks like we may be doing an ending diagonal (or something equally terminal) to crop off this potential wave 2 we're in (see the idiot wave charts Vess has been posting). Aaaand - if that is a wave 2 then we're not far off from finding ourselves 100 leagues beneath the sea before we even realize who dropped the cannon ball in the canoe. But - I could be wrong Link to comment Share on other sites More sharing options...
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