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     archer
Member
Username: archer
Post Number: 1657
Registered: 11-2002
Rating: N/A
Votes: 0
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| | Tuesday, September 12, 2006 - 08:00 pm: | 
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Or even better print this chart and stick it on your boot
hahahahahahah
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captain_chaza
Member
Username: captain_chaza
Post Number: 2143
Registered: 02-2003Rating: N/A
Votes: 0
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| | Tuesday, September 12, 2006 - 08:03 pm: |
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Ahoy Archie
On the 7th Sept well after dusk You said
"Classic breakouts target new highs"
Well if you had UP-TO-DATE charts I don't think you would have made that out-landish statement
You get no apology from me!
Maybe you should be the one to APOLOGISE for calling "Breakout" while the Gold shares were headed SOUTH on the very day you shouted
"Breakout"
Why don't you try a little trick the Captain learned many years ago
"Only sail with the latest Charts you can put your hands on"
Salute
"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.
"I believe the future is only the past again, entered through another gate."
Sir Arthur Wing Pinero 1893
"There are two times in a man's life when he should not speculate: When he can't afford it, and when he can." Mark Twain, 1897
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archer
Member
Username: archer
Post Number: 1658
Registered: 11-2002
Rating: N/A
Votes: 0
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| | Tuesday, September 12, 2006 - 08:42 pm: |
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Cavey-you have just dislodged your boot only to stick
it straight back in-doesnt that hurt your head???
The breakdown happened on the 7th in the U.S
I.E the morning of the 8th here-Hellllooooooo
The HUI is an american chart-Helllllooooooo
Do you understand the time difference-Helllooooooo
hahahahahaha
Cap-Your comedic value has been missing the last few months
but its back with a vengeance now
Thanks for the laugh
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archer
Member
Username: archer
Post Number: 1661
Registered: 11-2002
Rating: N/A
Votes: 0
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| | Wednesday, September 13, 2006 - 06:14 pm: |
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Copper is setting up exactly the same as the gold pattern
which just broke down
Copper stocks about to get slammed
Ill stay short a bit longer yet(;->
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captain_chaza
Member
Username: captain_chaza
Post Number: 2147
Registered: 02-2003Rating: 
Votes: 1
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| | Wednesday, September 13, 2006 - 06:43 pm: |
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Ahoy Archie
Just for the records
Which Copper stocks are you short in as at the close tonite?
Let's see how you go from here on into the future
Your past glories are exactly that
ie; PAST!
Salute and Gods Speed
"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.
"I believe the future is only the past again, entered through another gate."
Sir Arthur Wing Pinero 1893
"There are two times in a man's life when he should not speculate: When he can't afford it, and when he can." Mark Twain, 1897
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archer
Member
Username: archer
Post Number: 1662
Registered: 11-2002
Rating: N/A
Votes: 0
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| | Wednesday, September 13, 2006 - 07:22 pm: |
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Not stocks-the index-see sunday morning post
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archer
Member
Username: archer
Post Number: 1663
Registered: 11-2002
Rating:
Votes: 1
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| | Wednesday, September 13, 2006 - 07:25 pm: |
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cavey
everyones past glories are just that-PAST
Why do you even bother to make such an obvious statement
Do you EVER think before posting
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lafee
Member
Username: lafee
Post Number: 243
Registered: 04-2003
Rating: N/A
Votes: 0
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| | Wednesday, September 13, 2006 - 07:55 pm: |
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White line = monthly volatility measure
greeny/brown line = weekly volatility measure.
green line = momentum indicator
If nobody can be certain of anything, how can I be certain of that?
Ayn Rand
When I was young people called me a gambler. As the scale of my operations increased, I became known as a speculator. Now I am called a banker. But I have been doing the same thing all the time.
Ernest Cassel
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lafee
Member
Username: lafee
Post Number: 244
Registered: 04-2003
Rating: N/A
Votes: 0
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| | Wednesday, September 13, 2006 - 07:58 pm: |
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gold and spi
If nobody can be certain of anything, how can I be certain of that?
Ayn Rand
When I was young people called me a gambler. As the scale of my operations increased, I became known as a speculator. Now I am called a banker. But I have been doing the same thing all the time.
Ernest Cassel
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lafee
Member
Username: lafee
Post Number: 245
Registered: 04-2003
Rating: N/A
Votes: 0
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| | Wednesday, September 13, 2006 - 08:06 pm: |
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auzzie sectors
If nobody can be certain of anything, how can I be certain of that?
Ayn Rand
When I was young people called me a gambler. As the scale of my operations increased, I became known as a speculator. Now I am called a banker. But I have been doing the same thing all the time.
Ernest Cassel
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tryhay
Member
Username: tryhay
Post Number: 285
Registered: 09-2005
Rating: N/A
Votes: 0
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| | Friday, September 15, 2006 - 08:00 am: |
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The latest daily gold chart looks like the "Plan view of a Tokio subway" (all over the shop). So much for respecting the $600 level....
Daily chart:
Longer term looks like the 69week MA is the current magnet for Gold Price ~ particularly for those who subscribe to the A, B, C correction theory.
Weekly chart: RSI, CCI, and MACD all looking crook as Rookwood (apologies for the schematic trend lines ~ for the technical purists out there)
In Doug Hornig's article (The Daily Resource 9/14/06) “....These words exactly describe the current situation, and I ask the same rhetorical question. Was someone 'piling on' to drive gold lower?” and furthermore “Corrections are not a lot of fun. But they provide great opportunities to accumulate metal. Gold and silver are at their lowest price since June.”
My guess is we are in for some delayed gratification (with respect to gold price)
Mark
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tryhay
Member
Username: tryhay
Post Number: 299
Registered: 09-2005
Rating: N/A
Votes: 0
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| | Thursday, October 05, 2006 - 07:56 am: |
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No matter which way you look at it the Gold chart still looks unattractive: have shown the 24Hrs, 2006_Yearly, and 18 Month_weekly chart to establish a context for discussion....
I guess the gold price retracement is close to over (particularly if one subscribes to the ABC correction approach ~ not before time) which makes it almost time to top up on gold stocks (if you havent already done so & maybe even call warrants).
The 24 Hr chart shows ~ how low can it go this time?
2006 Chart ~ shows the retracement has just about addressed both time and price elements?
18 Month weekly chart suggests the correction may soon be over ~ depending on your choise of support:
The critical Geopolitical event now seems to be the N Koreans playing with their boys toys ~ perhaps this will be the trigger for commodities towards the end of year ...(if mother nature and the iranians are not going to oblige)
What do you guys think?
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ingot54
Member
Username: ingot54
Post Number: 1594
Registered: 05-2004
Rating: N/A
Votes: 0
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| | Tuesday, October 10, 2006 - 09:32 am: |
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Food for thought ...
Investment U: You are receiving this e-mail as a part of your free subscription to The Investment U E-Letter.
by Mark Skousen, Chairman, Investment U
Dear Investment U Reader,
Last May, when gold was selling for more than $700 an ounce and oil was over $70 a barrel, I turned bearish on commodities. I slashed my position in natural resource stocks in my newsletter, Forecasts & Strategies. And I grew wary that the real estate market was topping out in the U.S.
Since then, the slide in commodities has been dramatic.
Why did I change my mind? No, I didn't buy into the popular conspiracy theory, that Bush is manipulating the price of oil to drop right before the November elections.
At the same time, I warned investors against the "gold bug" thesis (Jim Rogers, Doug Casey, among others) that commodities must go up because their cycle inevitably lasts 15 to 30 years. Blind obedience to past cycles is a dangerous game in the financial markets.
The Inflation Threat Is Subsiding
I looked at a more fundamental reason for the collapse in gold and oil prices, and the topping out of the real estate market. The price of gold, in particular, is the best forecaster of future inflation, and the decline in the yellow metal is a sign that price inflation is headed back down.
Why? The Fed is serious about fighting inflation. This has largely been ignored by the conventional wisdom, both on Wall Street and Midas City.
Under new chairman Ben Bernanke, the Fed has beat inflationary expectations in two ways: First, it created a negative yield curve by raising the Fed Funds Target Rate to 5.25%, substantially above the long-bond rate (currently 4.6%).
Second, it slowed down the growth rate of the money supply. The broad-based money supply (M2) was growing at a 6%-7% clip a year ago. Now it's down to 2%. The Adjusted Monetary Base (the Fed's private checking account) is not growing at all.
Bernanke built his academic reputation on "inflation targeting," and every country that has adopted it (New Zealand, Great Britain and Canada) has seen its inflation rate decline sharply. Last August, Bernanke added his academic colleague Rick Mishkin to the Fed board. Mishkin is an "inflation targeting" expert who I met at Columbia University. Both Ben and Rick must be smiling right now, even as gold bugs are hurting.
What Does This Mean for Us?
As gold and oil stocks have collapsed, the bull market on Wall Street has returned. Wall Street's greatest threat is rising inflation; a soft landing in price inflation is bullish. I think this trend will continue into the next year, although there's a possibility that the Fed will tighten too much and a financial crisis could still develop. (The Fed is famous for overreacting in both directions, in being too tight, and being too loose.)
Right now, I'm recommending a majority of one's assets be invested in high-income bonds, dividend paying stocks, foreign markets and money funds earning 5%. There are plenty of opportunities for investors to make money, but you have to know the signs of the times. But I'm not selling all my gold or oil stocks any time soon. That would be foolish in an age of war and big government.
Keep Smiling
Trading style: CFD's predominantly long term.
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kate
Member
Username: kate
Post Number: 392
Registered: 04-2005Rating: N/A
Votes: 0
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| | Tuesday, October 31, 2006 - 07:54 am: |
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