The 2007 chart showing the runaway SPX move - was that Fed induced or is there another explanation?
I tend to think it was just a normal move late in a bull market as we came out of a hard correction in 2006.
G-man if you call this bottom correctly while the whole world is leaning the other direction it's going to be one of the greatest market calls in years. Right up there with that call back in 2008 when the coal stocks broke signalling the end of the oil bubble. At the time I said that was your greatest market call, even better than silver in 2010.
silver bugMay 31, 2014 at 9:46 AMG-man if you call this bottom correctly while the whole world is leaning the other direction it's going to be one of the greatest market calls in years. Right up there with that call back in 2008 when the coal stocks broke signalling the end of the oil bubble. At the time I said that was your greatest market call, even better than silver in 2010. ___LOL You're an idiot.So what you're saying is if i threw 1000 darts at the board and hit EXACTLY TWO bulls-eyes I am the best darts player around, lmfao.HOLY COW people this is the retardation that is the this site.So these TWO (Well one with one to come and hey i will already give him the second because it won't make a difference anyway..) 'great calls' are teh result of some guru-ism?Really?Then what are the 500? 600? 1000? misses exactly? "Just" Bad luck? lol!What is up with the complete and total destruction and a NEGATIVE return as the market screamed higher this entire time.What you really have a a FOOL with poor eyesight hitting 2 out of hundreds? thousands? of calls in a game that EVERYONE else left behind years ago for much better odds. lol.I mean, it takes REAL TALENT to completely MISS the greatest bull market in history and instead play, long, the WORST PERFORMERS EVER, and do it for 3-4 years straight!LMFAOGary the FOOL. Just the saddest excuse for a trader i have EVER seen, and I've seen many!Hey even if he gets 3 bull-eyes it's not going to erase the hundreds of REAL CALLS IE REAL MONEY LOST as shown by him BEFORE he DUMPED the portfolio's after turnigng them inside out.So muich for that great silver call in 2010 huh? It's already been back PLUS. It's not deniable because if he was still actually in the game he would not have had to hit the RESET button and then STOP trading live at all!This guy is a total CON-MAN and you SilverBug are a freaking retard for not seeing the completely obvious.Glad I could help!
I'll bet a burrito that you're wrong. Gold is going to $1000.
I'll bet a burrito that, even if he is right, he still won't be able to profit from it!
lmao. Boy you nailed it well there!This Gary guy is quite the comedy act. I was almost in hysterics when I read over on Poly's site were Gary claimed to have "Nailed it" this year, lol.I thought exactly what you said right here. I don't care how 'nailed' the comments were (supposedly, but who can tell and that's THE problem with this clown). tehe only "Nailing" that is required is to show actual trades instead of caoching comments left and right. Comments are MEANINGLESS.What we can tell, for SURE is ALL the money he manged to scrap up into 2011 run-up were ALL given back and THEN some. So what we know for SURE is that this clown has grossly underperformed a simple SPY buy and hold anad it is my contention he will NEVER catch up that bench mark never mind beat it - and certainly NEVER do better on a risk-adjusted basis.Remember peeps, this is the FOOL that called long SLV @ $33, long GDX ALL the way down..lmoa.He's also the LIAR that removed ALL his portfolios - maybe even some of them real after dropping well into the red and he's NEVER again traded a live account. This is ALL you need to know. The rest is just MORE of his USELESS Banter - and yes, NONE of it will ever amount to anything.Fools indeed. Tell me that there's anyone here that places any faith in this tard! What else would he have to do to you for you to figure it out? lmao
I'm not ready to bet just yet. Gold has to form a swing first and then I need to see it recover the coil zone. If it does that then we will have the all clear signal.
Interesting purchases of 8 million GDX shares and 1.2 million GDXJ shares just before the bell yesterday.
Miners and gold are oversold again just like they were in Dec and again last summer.http://stockcharts.com/h-sc/ui?s=$HUI&p=D&yr=1&mn=6&dy=0&id=p44470533555&a=353317897&listNum=1
Edleson & Nenner calling for the bottom here. Armstrong says 950. Who's right and who's going to be wrong?
Gary,What do you think about NUGT or options to play the move out of the bottom you see coming?
I don't expect the first part of the move to be a strong trending move. Most likely since it's still going to be the middle of summer that the first month or two will be a back and forth grind that will hold above the low but still not make a lot of progress. That isn't the kind of environment to use leveraged funds, or especially options. Those work best during strong trending moves and that probably won't happen until the end of summer and early fall. If you are going to try to pick the bottom just take a modest position in one or two of the ETFs and be content to hold on through the summer chop.
all about money flow http://finance.yahoo.com/q/bc?s=JDST&t=1d&l=on&z=m&q=l&c=JNUG
Interesting how far gold's parabola got above its MA. Maybe there's further to go on the downside there too.
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