Charmin
Apr 6 2005, 03:19 AM
Ike's Hui chart..... trendline support at 195 ... and possibly the lowest risk to enter between here and horizontal support at 190 and watching the reaction...
watching for buck to break with euro rally soon ....
http://www.financialsense.com/Market/daily/tuesday.htm
and once again...
"Reasons to own Gold and Gold Stocks"
http://dvtechtalk.com/April/April5.htm
Moon Man
Apr 6 2005, 10:19 AM
delete
traderfromhell
Apr 6 2005, 10:34 AM
dharma I think I'm going to play the miners from the long side now. we had a two year anniversary date April 4th. Feeding in with a stop at 190 HUI. Lots of bearishness and concern over the low volume and no go nature of the miners on the metals rallies. This changes and we fly again. If not the stop is right below. So far long term trendlines have held. They don't ring a bell at the bottom. Low risk entry in this area I'm beginning to think.
Charmin
Apr 6 2005, 11:36 AM
Dollar hits a reverse trend line... channel to go lower
http://www.commoditytradingresource.com/cg...rames/read/3057watch that Euro
Charmin
Apr 6 2005, 11:43 AM
Charmin
Apr 6 2005, 12:28 PM
Buck is acting well this morning
watch for a 85.50 area retest
gold should be down for accumulation
Charmin
Apr 6 2005, 12:39 PM
Dollar up and they can't keep silver down....
traderfromhell
Apr 6 2005, 12:59 PM
QUOTE(Charmin @ Apr 6 2005, 06:36 AM)
Dollar hits a reverse trend line... channel to go lower
http://www.commoditytradingresource.com/cg...rames/read/3057watch that Euro
Lot of guys are starting to watch the Swiss Franc Charmin.
Charmin
Apr 6 2005, 01:19 PM
ok then the swissy..
silver resistance 7.25-7.27
Charmin
Apr 6 2005, 01:45 PM
if silver makes it up to the 7.20 area trading range highs
I suspect WTZ should see 9.40
Charmin
Apr 6 2005, 02:06 PM
gold up with dollar acting welll
goood
Charmin
Apr 6 2005, 02:11 PM
both gold and silver near resistance near term
dharma
Apr 6 2005, 02:30 PM
tfh, i agree w/you. maybe gold will get under 400, but i dont see it anymore. on a lower low i will complete my buying. the dolar has come into resistance, has daily rsi divergences(9bar) from an overbought situation. i dont think its got much juice in it. although the dolar correction didnt get very high, it did chew up alot of time-over 3 months. some of the miners are showing bottoming patterns. dharma
Charmin
Apr 6 2005, 02:45 PM
notes from brighter minds..
what I have noticed today
metals stronger as euro weaker when euro breaks
metals stay postive - this is a bullish sign to em short term
Old Habits
Apr 6 2005, 02:51 PM
QUOTE(dharma @ Apr 6 2005, 09:30 AM)
tfh, i agree w/you. maybe gold will get under 400, but i dont see it anymore. on a lower low i will complete my buying. the dolar has come into resistance, has daily rsi divergences(9bar) from an overbought situation. i dont think its got much juice in it. although the dolar correction didnt get very high, it did chew up alot of time-over 3 months. some of the miners are showing bottoming patterns. dharma
Let's hope so, but the miners aren't showing any strength - hope they're not foretelling more gold weakness.
Hey is TFH the reincarnation of the old party pooper Seven of Eleven or has that already been established?
Charmin
Apr 6 2005, 03:06 PM
silver 7.05 to 7.15
traderfromhell
Apr 6 2005, 03:14 PM
QUOTE(Old Habits @ Apr 6 2005, 09:51 AM)
QUOTE(dharma @ Apr 6 2005, 09:30 AM)
tfh, i agree w/you. maybe gold will get under 400, but i dont see it anymore. on a lower low i will complete my buying. the dolar has come into resistance, has daily rsi divergences(9bar) from an overbought situation. i dont think its got much juice in it. although the dolar correction didnt get very high, it did chew up alot of time-over 3 months. some of the miners are showing bottoming patterns. dharma
Let's hope so, but the miners aren't showing any strength - hope they're not foretelling more gold weakness.
Hey is TFH the reincarnation of the old party pooper Seven of Eleven or has that already been established?

Nope.
traderfromhell
Apr 6 2005, 03:31 PM
QUOTE(traderfromhell @ Apr 6 2005, 10:14 AM)
QUOTE(Old Habits @ Apr 6 2005, 09:51 AM)
QUOTE(dharma @ Apr 6 2005, 09:30 AM)
tfh, i agree w/you. maybe gold will get under 400, but i dont see it anymore. on a lower low i will complete my buying. the dolar has come into resistance, has daily rsi divergences(9bar) from an overbought situation. i dont think its got much juice in it. although the dolar correction didnt get very high, it did chew up alot of time-over 3 months. some of the miners are showing bottoming patterns. dharma
Let's hope so, but the miners aren't showing any strength - hope they're not foretelling more gold weakness.
Hey is TFH the reincarnation of the old party pooper Seven of Eleven or has that already been established?

Nope.
He wasn't feeling well. Hope he's OK.
Charmin
Apr 6 2005, 03:58 PM
copper new highs - supporting silver
Charmin
Apr 6 2005, 04:28 PM
gold and silver near highs
silver within 8 cents'
gold within 2 bucks
dharma
Apr 6 2005, 06:15 PM
is it very significant that bush asked/told the imf to forego gold sales. ?obviously it takes some supply off the market. i expect that at some point all the central bank sales of gold will be halted. why sell your most valuable asset. dharma
dharma
Apr 6 2005, 06:57 PM
by the way, prechter is offering a free week, i think that it starts today. dharma
for gold bulls he is the perfect fade. in fact, he has been the perfect fade in the stock market too. since about 96 when he went short. its 9 years later and he is still in the hole.
Charmin
Apr 6 2005, 07:27 PM
on daily charts the reactions in silver have been faster than the rallies, till this changes silver will remail in the TR
bearvest
Apr 7 2005, 01:53 AM
XAU:
We should see a 5th wave and a completed pattern next week
The intra-day chart shows an abc 3-3-3. As none of the waves are impulses, the triangle should expand to look more like a wedge, before the descent in wave v.
yellowfish
Apr 7 2005, 03:32 AM
QUOTE(Charmin @ Apr 6 2005, 02:27 PM)
on daily charts the reactions in silver have been faster than the rallies, till this changes silver will remail in the TR
LONG term silver chart. If we got some time I'm sure it will double top.
Charmin
Apr 7 2005, 03:35 AM
Thursday thread started
NWD
Apr 10 2005, 08:44 PM
QUOTE(dharma @ Apr 6 2005, 01:15 PM)
is it very significant that bush asked/told the imf to forego gold sales. ?obviously it takes some supply off the market. i expect that at some point all the central bank sales of gold will be halted. why sell your most valuable asset. dharma
Why would whoever gives Pres. Bush his marching orders want a higher POG?
Think of how since at least '96, they've apparently been suppressing POG in the interest of lower long term interest rates and the abolition of a benchmark against which to measure fiat currencies. Why change course now?
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