tag:blogger.com,1999:blog-7130708113832839690.post7741300077300924891..comments2023-10-29T02:04:09.499-07:00Comments on Smart Money Tracker: MAR. 17Garyhttp://www.blogger.com/profile/14556370683669428668noreply@blogger.comBlogger23125tag:blogger.com,1999:blog-7130708113832839690.post-66985523427285823672014-03-18T14:26:40.272-07:002014-03-18T14:26:40.272-07:00I'm in moderation but did postI'm in moderation but did postcrackorhttps://www.blogger.com/profile/16348710310795256330noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-24624393020175771302014-03-18T05:20:30.982-07:002014-03-18T05:20:30.982-07:00Just posted a morning report. Just posted a morning report. Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-5926064280741306452014-03-18T05:11:35.103-07:002014-03-18T05:11:35.103-07:00Gary, could this be stretched 2nd DCL and then 3rd...Gary, could this be stretched 2nd DCL and then 3rd DC would be shorter?Anonymoushttps://www.blogger.com/profile/06194033258845427565noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-90111774643572486592014-03-18T01:13:04.108-07:002014-03-18T01:13:04.108-07:00I'm just a lucky visitor and not a member, but...I'm just a lucky visitor and not a member, but I agree w/you. On March 13th, just 3 candles ago, Gary posted that we were on day 9 of an 18-28 day cycle. I think that this breakout is still valid, as long as we stay above the breakout candle on March 12th, at 1350. And 1350 is where the 20d EMA will be in a day or 2, looks like.Billhttps://www.blogger.com/profile/04903431719501161947noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-65204853508634771912014-03-18T01:12:51.976-07:002014-03-18T01:12:51.976-07:00Posted this on the premium site yesterday :
Trader...Posted this on the premium site yesterday :<br />TraderT March 17, 2014 at 8:56 am <br /><br />Your comment is awaiting moderation.<br /><br />sitting on hands.<br />So it does not seem to be working. There are no further comments after mine as of now.TraderThttps://www.blogger.com/profile/11617296323948557919noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-78600231831279460942014-03-18T01:01:51.049-07:002014-03-18T01:01:51.049-07:00Gary,
What about buying a little of DUST (5% of ca...Gary,<br />What about buying a little of DUST (5% of capital), or shorting gold (let's say 1 mini contract), if gold goes below 1350, aiming at 1222, 1180 or even 1030?<br />Is the 1350 level where we should take the above mentioned position?Anonymoushttps://www.blogger.com/profile/05316788491775116857noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-35346758188315175242014-03-17T21:49:36.901-07:002014-03-17T21:49:36.901-07:00gold was just out of its BB and needs a bit of a p...gold was just out of its BB and needs a bit of a pullback. I bet we see the 1380 regained after it meets with its 20 maeliyahuhttps://www.blogger.com/profile/17437662048427792426noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-13033942371947529932014-03-17T20:21:01.677-07:002014-03-17T20:21:01.677-07:00I've pretty much resigned myself that at most ...I've pretty much resigned myself that at most I will only ride anymore of this rally with the current downsized position. We were planning on reducing at $1425 anyway and we got to within $35 of that this morning. That's probably close enough. <br /><br />In the AP I'm probably going to lock up my metals tomorrow and just hibernate until May where I will hit it very hard once I think the yearly cycle low has bottomed. Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-46542177481098996832014-03-17T20:14:45.300-07:002014-03-17T20:14:45.300-07:00In COT report, the driving factor behind the rally...In COT report, the driving factor behind the rally was mostly hedge fund closing their shorts. Does that mean their next move will be aggressive loading the longs. I doubt it. As long as equity market still goes higher there's no motivation for them to long gold. That plus the high net short position by the SWAP players makes me nervous about how much leg this rally still has. I would not add any long at this level and have been on trail stop mode since 1340.Ruihttps://www.blogger.com/profile/01381363570926076708noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-86383963882417035002014-03-17T19:51:23.899-07:002014-03-17T19:51:23.899-07:00Certainly the last week was icing on the cake but ...Certainly the last week was icing on the cake but something else drove the gold rally for the first 2 months. I think we got a final bear market bottom. But that doesn't mean they won't continue to jerk gold around whenever they see an opportunity. Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-10430025747511037352014-03-17T19:43:19.539-07:002014-03-17T19:43:19.539-07:00I covered my reasoning for why I think they would ...I covered my reasoning for why I think they would prefer the market rising into the next taper. Feel free to disagree.Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-26410439938463585292014-03-17T19:41:10.419-07:002014-03-17T19:41:10.419-07:00This could end up being just a severe half cycle l...This could end up being just a severe half cycle low. That being said I don't believe for a second the rally today right in front of the next FOMC meeting is natural. Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-76590387499847011462014-03-17T19:38:26.501-07:002014-03-17T19:38:26.501-07:00Why does the Fed need the stock market rising when...Why does the Fed need the stock market rising when they deliver the announcement? Hasn't it already been rising almost non-stop since the fall of 2012? If they really want it to keep going higher, wouldn't it be better if they let it go down (at least a little bit) before the announcement and then squeeze the shorts out immediately after they announce, rather than scare all the shorts out all out now? jaynewshttps://www.blogger.com/profile/17362758853407297908noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-5627327970943485312014-03-17T18:54:13.522-07:002014-03-17T18:54:13.522-07:00in stocksin stockstennisprohttps://www.blogger.com/profile/08778250142132988218noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-22195076640107256002014-03-17T18:53:41.536-07:002014-03-17T18:53:41.536-07:00Gary never gets married to any trade . He has wisd...Gary never gets married to any trade . He has wisdom to see changes and make a right decision on a dime . That's a strength that most of us don't have . One of the reasons i follow him . Latest example is calling the bottom stocks in real time in early february . tennisprohttps://www.blogger.com/profile/08778250142132988218noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-35805732186724567792014-03-17T18:53:00.423-07:002014-03-17T18:53:00.423-07:00The problem is the rally in the last two weeks was...The problem is the rally in the last two weeks was purely the result of geo-political tension. Such factor is not supposed to last and once it's gone all that un-earned surge would wash away.Ruihttps://www.blogger.com/profile/01381363570926076708noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-7901944994131890212014-03-17T18:43:34.809-07:002014-03-17T18:43:34.809-07:00Looks like they're hitting gold in China tonig...Looks like they're hitting gold in China tonight.Le Fouhttps://www.blogger.com/profile/08417796902511410002noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-75963478597643679792014-03-17T18:41:13.336-07:002014-03-17T18:41:13.336-07:00I wish I had sold this morning. We are already dow...I wish I had sold this morning. We are already down to 1359. And it is 6:30 in Los Angeles. It could get ugly tonight. Gold never lets you relax fully.Concordhttps://www.blogger.com/profile/05015491360293136821noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-15182090474583823032014-03-17T18:36:20.154-07:002014-03-17T18:36:20.154-07:00Gary -
" ...I need it to behave perfectly to...Gary -<br /><br />" ...I need it to behave perfectly to keep me on board. Today gold misbehaved, and lost some of the romance. Anymore of that and I'm going to want a divorce...at least for a month or two."<br /><br />I hope you aren't channeling your past married life. (By the way, I've divorced and re-married gold more times than I care to recall!)FiatFlatlinehttps://www.blogger.com/profile/05814288458811348569noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-4262659866590926892014-03-17T18:09:41.578-07:002014-03-17T18:09:41.578-07:00Gary , Could one make a case for a bubble faze in ...Gary , Could one make a case for a bubble faze in stocks to continue ? S&P chart looks like we had a powerful rally off the bottom just like you said it would make , last week it was a mini correction due to some geo-politics and to reset sentiment . What do you think ?tennisprohttps://www.blogger.com/profile/08778250142132988218noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-40271931033302014202014-03-17T17:17:41.246-07:002014-03-17T17:17:41.246-07:00We still don't have an extreme Blees rating so...We still don't have an extreme Blees rating so I'm not terribly concerned about the COT, but I am concerned about the intermediate overbought conditions, impending ICL in the dollar, and potential failed breakout so I'm content to take profits and maybe let the rest pass me by and wait for the monster opportunity in May or June. Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-41373140859234399092014-03-17T17:08:42.794-07:002014-03-17T17:08:42.794-07:00The build up of commercial shorts on COT tells me ...The build up of commercial shorts on COT tells me this round of rally is over.Ruihttps://www.blogger.com/profile/01381363570926076708noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-23281391667480593622014-03-17T15:00:26.211-07:002014-03-17T15:00:26.211-07:00Second daily commentary.
http://www.kereport.com/...Second daily commentary.<br /><br />http://www.kereport.com/2014/03/17/gary-nervous-gold-heading-fomc-announcement-wednesday/<br />Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.com