johnpaulca 12,036 posts msg #117827 - Ignore johnpaulca |
1/21/2014 10:22:52 AM
johnpaulca
7,900 posts
msg #117497 12/23/2013 6:25:31 PM
Time to start accumulating gold, not much room left below, this is when the talking heads will start telling you to sell...just watch.
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GOLD....up 3% today.......slowly climbing
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Eman93 4,750 posts msg #117834 - Ignore Eman93 |
1/21/2014 9:11:28 PM
NUGT no brain fade today.. also watch the utilities.
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Eman93 4,750 posts msg #117835 - Ignore Eman93 |
1/21/2014 9:15:38 PM
getting a weekly buy in slv also
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Eman93 4,750 posts msg #117836 - Ignore Eman93 modified |
1/21/2014 9:24:55 PM
Triangles... sorry Kevin I know you don't believe!
TOS profit charts auto draws them...

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Eman93 4,750 posts msg #117837 - Ignore Eman93 |
1/21/2014 9:32:06 PM
NEM trying to put in a bottom.
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blumberg 27 posts msg #117838 - Ignore blumberg |
1/21/2014 10:00:35 PM
Yep, bought NUGT last week. It's screamingly obvious on a weekly chart that gold has bottomed.
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klynn55 747 posts msg #117839 - Ignore klynn55 |
1/22/2014 8:19:57 AM
NUGT has been BOTTOMING (weekly) for a year , so when did it become obvious and how did it become obvious?
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johnpaulca 12,036 posts msg #117840 - Ignore johnpaulca |
1/22/2014 9:37:16 AM
ETF like NUGT, you have to be a Bot to make money on them, I've had very little success trading them.
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blumberg 27 posts msg #117854 - Ignore blumberg |
1/22/2014 7:12:06 PM
I think GDX has put in a bottom on December of last year. The weekly shows a MACD cross on extreme divergence so I think it has bottomed. Getting in now might be too late though. I wouldn't be surprised if it retraced back 50% of its gains since December before ultimately continuing higher.
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Eman93 4,750 posts msg #117856 - Ignore Eman93 |
1/22/2014 8:28:51 PM
I think it is early to call a bottom/reversal in the metals.. the USD must fall to the other major currencies. I don't know if that will happen for a real change in direction, other countries are really printing more than us..
Anyway dollar was up and at a nice resistance level. and a big gap down on NUGT after a nice 2 day rally.was a good risk reward set up.
Dont take my word for it.
http://www.dailyfx.com/forex/technical/home/analysis/us_dollar_index/2014/01/22/dailyclassics_us_dollar_index.html
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