ThorAss Posted July 19, 2005 Author Report Share Posted July 19, 2005 hourly xau just flashed a buy signal. i am waiting. doesnt seem like enough time has elapsed. the market has gone positive. dharma <{POST_SNAPBACK}> Maybe 1/4 of the way there. I use 65 minutes for ST. Zow has broken out (above 90) and MA has gone neutral. One for two. On the Hooey no breakout, need 194+ for good break, and MA still falling. Yesterday Zow broke up turned the MA to neutral then fell to close near the lows and the Hooey failed to even get its MA to stop falling. No hurry in my opinion. Looks like its working off the residual bullishness by the process of monetary transfer from the bull to the pig man. I'm projecting the low for July 28th plus or minus. Link to comment Share on other sites More sharing options...
bearvest Posted July 19, 2005 Report Share Posted July 19, 2005 XAU: Little bounce after the impulse down. If I'm correct, we should rally to somewhere between 91.22 and 92 and then fall to 85-86 in the second impulse down. Link to comment Share on other sites More sharing options...
traderfromhell Posted July 19, 2005 Report Share Posted July 19, 2005 XAU: Little bounce after the impulse down. If I'm correct, we should rally to somewhere between 91.22 and 92 and then fall to 85-86 in the second impulse down. <{POST_SNAPBACK}> Thanks for the target Bear. Link to comment Share on other sites More sharing options...
bearvest Posted July 20, 2005 Report Share Posted July 20, 2005 GG: Megaphone top and potential reverse symmetrical Triangle? Note the flat MACD tops versus price's rising upper trendline. And note the tiny fractal forming at the "e" wave. If my analysis of this pattern is correct, GG's going to shed 25% of its value after it bounces off that upper trendline. Link to comment Share on other sites More sharing options...
bearvest Posted July 20, 2005 Report Share Posted July 20, 2005 NEM: I drew this chart as I like to trade NEM or NEM's options for short term moves. With op-ex for August expiring on the 20th, options are a very good alternative for short term swing trades. The blue box (into which we place recycleable garbage) shows the 38.2-50% retracement level of the impulse down. Visually, resistance is more likely at $38.00. Link to comment Share on other sites More sharing options...
Ageka Posted July 20, 2005 Report Share Posted July 20, 2005 Can somebody tell me what is the naked short threshold list ? Found this dated 15 th july www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold lists. Arbor Realty Trust, Inc. (NYSE: ABR), B&H Ocean Carriers (AMEX: BHO), Insignia Solutions, Plc. (NASDAQ: INSG), Kinross Gold Corp. (NYSE: KGC), Pioneer Co. (NASDAQ: PONR) and Teton Energy (AMEX: TEC). For a complete list of companies on the naked short lists please visit our web site. Link to comment Share on other sites More sharing options...
bearvest Posted July 20, 2005 Report Share Posted July 20, 2005 XAU and NEM: My targets have been hit. Long NEM August 40 puts at $2.30. Link to comment Share on other sites More sharing options...
Guest Posted July 20, 2005 Report Share Posted July 20, 2005 fwiw, i got a buy signal short term on the hourlies, but didnt take it. i think that this correction has more to go in price and time. i am looking @ mid august and 88-86 w/an outside shot @85. then, well lets wait and see if this happens. i bought ivan this morning, it looks like its been in a big triangle on the weeklies. dharma Link to comment Share on other sites More sharing options...
Ander Posted July 20, 2005 Report Share Posted July 20, 2005 What the heck is up with the dollar? Its all over the place today. Link to comment Share on other sites More sharing options...
traderfromhell Posted July 20, 2005 Report Share Posted July 20, 2005 What the heck is up with the dollar? Its all over the place today. <{POST_SNAPBACK}> Can you say short term top? Link to comment Share on other sites More sharing options...
bearvest Posted July 21, 2005 Report Share Posted July 21, 2005 NEM: Action over the last 2 days is corrective. The overlap confirms the 3 wave move. An overlap of 37.62, however, could have bullish short term implications. Link to comment Share on other sites More sharing options...
plantigrade Posted July 21, 2005 Report Share Posted July 21, 2005 China depegs. Link to comment Share on other sites More sharing options...
plantigrade Posted July 21, 2005 Report Share Posted July 21, 2005 Malaysia depegs. Link to comment Share on other sites More sharing options...
plantigrade Posted July 21, 2005 Report Share Posted July 21, 2005 Singapore depegs ? Link to comment Share on other sites More sharing options...
plantigrade Posted July 21, 2005 Report Share Posted July 21, 2005 Reevaluated Yuan buys commodities from post-Bretton-Woods USD world with existing USD reserves, even if higher prices make U.S. buy less, as anyway Chinese USD reserves cannot buy significant U.S. companies. USD falls from short squeeze/speculative/engineered top, maybe with international support @ USDI 80. U.S. get what wished for . Link to comment Share on other sites More sharing options...
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