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  1. R

    Which technical indicator is the best?

    Inheriting money - does that qualify as a method? Whatever it is, it's a consistent winner; if you're going to be born, be born to rich parents.
  2. R

    Gold Ripe For Pullback?

    Over the past 7 1/2 months gold has been forming a neat rising wedge. Monday (Dec 1) Gold Spot hit 406.4, hitting the upper boundary of the wedge (actually penetrated it briefly) thereby fulfilling its technical obligation to complete the wedge formation. Recently the $CRB broke down...
  3. R

    GOLD 400.00+; Can it hold?

    If we accept your premise that the averages will be as they are now while gold has risen to 500.00, the implication is that the U.S.$ will be even lower than it is now - but not drastically so. Your scenario also implies relative stability in the economy and currency markets. In such a...
  4. R

    HarryTrader you need to get out more.

    Sincere and concerned maybe - but not very sensitive. Isn't your post a tad personal for a public forum?
  5. R

    GOLD 400.00+; Can it hold?

    True, they're different, but virtually all Gold Majors (NEM, ABX, PDG, etc.) move with Spot Bullion virtually tick-for-tick. Admittedly, however, the volatility/sensitivity of Majors' stock prices to Bullion fluctuations varies with the timing within the Gold cycle. Hedging isn't as...
  6. R

    TA - Self-fulfilling prophesy?

    Friedman!! Hayek!!! Buckley? Thanks. Have added it to favorites and will definitely need a little time; but I'll wade through it all eventually. Terrific site! Sorry I don't have an equivalent reciprocal offering just now, but if I find one I'll notify you.
  7. R

    TA - Self-fulfilling prophesy?

    What I'm attempting to consider is the extent to which "reflexivity" affects the action-reaction relationship. Thanks for the Soros' material. Still trying to get time to study it thoroughly. Soros' has had a lifelong interest in Philosophy. He describes himself as a "failed...
  8. R

    TA - Self-fulfilling prophesy?

    Let me ponder this post and get back to you, Harry - I have too many distractions to deal with at the moment to allow me to fully appreciate your thoughts.
  9. R

    GOLD 400.00+; Can it hold?

    Agree with your long-term analysis. Was just puzzled by the anaemic volumes on gold equities on what should have been a banner day. Prices moving nicely, but no confirmation from volume. Technically, this is not positive for the current run, but who knows - maybe it's just that...
  10. R

    TA - Self-fulfilling prophesy?

    And how about those Daily Ranges? Intermarket Market trades -Nasdaq 3rd-tier - occur at hi's/lo's far out of Comp ranges every day and still wind up recorded in daily stats.
  11. R

    GOLD 400.00+; Can it hold?

    Gold is powerful today, having sold as high as 401.8 spot. Major gold stocks are all up, but on very ordinary volumes. Is this because of competition from Comp markets? NQ +22+ Are volumes on Golds waiting for correction on NASDAQ/S&P before confirming Bullion? Note: USD Up/Bullion...
  12. R

    TA - Self-fulfilling prophesy?

    OK. It's new to me, but if it works for you it works for you. There are many clever people out there who can survive and even prosper in a tough environment; I'm just worried about the future - and not necessarily long-term. The next few months should prove exciting - maybe even defining.
  13. R

    TA - Self-fulfilling prophesy?

    Good stuff. Need some time to digest it.
  14. R

    TA - Self-fulfilling prophesy?

    Fair enough. Can't argue with success. Good luck.
  15. R

    TA - Self-fulfilling prophesy?

    So the complexity hasn't bothered you yet - but keep an eye on how the investing public views what's going on. I think they are less enthusiastic about the market than they would be if it were more comprehensible. The U.S. economic fundamentals are fantastic, but let's see how this RSP...
  16. R

    TA - Self-fulfilling prophesy?

    OK, Harry - TA has been around for a long time, but like all technical phenomena, it develops at an exponential rate. The TA of 1970 would seem pretty naive by today's standards. Soon today's TA environment will be 'the good old days when things were so simple'. My argument is that TA...
  17. R

    TA - Self-fulfilling prophesy?

    Thanks. Just added this site to my favorites. I'll check it out it in detail later.
  18. R

    TA - Self-fulfilling prophesy?

    Sounds like you're not finding things overwhelming yet.
  19. R

    TA - Self-fulfilling prophesy?

    Yes, you are. And how about those derivatives? Who knows how they'll play out long term?
  20. R

    Short Gold

    Steel tariff cancellation 06:30 , but London/N.Y Access still holding @ 399.00 spot 08:02. USD rebounding from sub- 90. Went short Friday.
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