Market Outlook

Quote from GrandSupercycle:

Gold and Silver intra bullish chop warning

Update - too much chop atm
More...

Favor us with your consice and lucid explanation for exactly what is an "intra bullish chop warning" ?

This is a first, and should be thoroughly documented. Murphy may want to add this to his next revision.
 
Quote from bone:

Please be advised that your posts are technically a free call option on the stock indices. Seriously. You are the best fade ever.

Are we going to sell off ? Of course. It will happen. Your timing has been... well... suspect. Which is why market timers have such a tough go of it.
More...

We probably won't ever breach the 666 low. Well, maybe in 500 years when the US ceases to exist as a civilization.
 
Quote from bone:

Favor us with your consice and lucid explanation for exactly what is an "intra bullish chop warning" ?

This is a first, and should be thoroughly documented. Murphy may want to add this to his next revision.
More...

Its his way of admiting he's wrong. Gold is going up, alot. :D
 
Quote from bhardy307:

Added to long at 1707.34 at 8:38AM EST. I now have 12 units of gold. Yes, this is a tiny position for you bigshots, but I'm still a small fish. New average price: 1727.5

Stop is still 1650. Notice that this is the bottom of that large jump up starting near Jan 25th. I will get out if we retrace below that gain.

Admission: It will NOT reach target of 1800 by tomorrow.
More...

Ok, GrandSuperPooper, you want trades published. I think I have been doing that with you. Here's another.

Order entered for 6 more units (total 18) long on XAU/USD at 1757.5. This is an order, GrandSuperPooper, not yet a buy. This will increase my average price to 1737.5. -10 point trailing stop will start at 1747.5 for all 18 units.

Current XAU/USD price: 1754.25
 
Quote from GrandSupercycle:

SP500/DOW/NASDAQ overextended charts still dominate - suggesting sell off this week ?
More...

Well, at least you are showing a snippet of humility.

Look at any chart you want - cash, futures, whatever. Make it consolidated or continuous or whatever. Switch to a monthly timeframe. Ask the same question.

Then get a bit more humility. You have been saying this market is "overextended" for what, three months plus already ?
 
Quote from bone:

Well, at least you are showing a snippet of humility.

Look at any chart you want - cash, futures, whatever. Make it consolidated or continuous or whatever. Switch to a monthly timeframe. Ask the same question.

Then get a bit more humility. You have been saying this market is "overextended" for what, three months plus already ?
More...

Actually, if you look at his blog, he's been saying this for a couple of years.
 
You must log in or register to reply here.
Back
Top