Heinz, major muck up! I didn't look thru yesterdays mail, been beary busy, i just noticed today that i got my gold stock technician newsletter in yesterdays mail, if i had seen this yesterday, i would have gone 100% gold stocks, craps.
On this sell-off in the gold stocks, the super long term trin reached 1.50, the previous tops in trin above 1.50 were at the asian crisis xau 48 blow-out, and in december 97 at the end of the waterfall decline on the first leg of the asian crises down and the period when central bank selling was at it's peak.
i believe today was the right shoulder.
oil also looks like it's breaking out of a little short term base, the crb, made a big spike to a new contract high, silver looks like it's blasting.
from looking over the equity charts, end of day, now i feel there is a good possibility that today was nasdaq top, maybe they'll gap her up monday, so i can get out of my remaining flyer positions -g-
b |
