Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 126.14

-0.1%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bobby Yellin who wrote (11424)	5/8/1998 8:54:00 PM
From: bobby beara	Read Replies (2) of 116856

XAU UPDATE: members.aol.com New and improved (and hopefully final wave count) Comments welcome. Must admit this action has had me baffled but I think this is the true count. What thru me off is the elongated sideways, inverted H&S wave two after the #1 spike from January 12th lows. What this shows is we are now in larger wave 2 consolidation period, whether we will have a larger wave 3 run-up from the bottom spike here (I don't think todays rebound was the bottom - bwdik) or we have a sideways consolidation period like wave 2 from Jan low. Wave 3's are the largest movers and when 2 is resolved we should hit the 120+ target with that move. Here is something else real tricky about this chart. Print this out, flip it upside down and where about January 28th is put todays date and that is basically close to my forecast for the Dow Industrials. I have some more charts, will post later. Did anyone catch that the SEA troubles began on the 68th anniversary (late April 1930) when the market peaked it's dead cat bounce from Oct 29 crash and headed down into the great depression. Gold is Good. Psalm for the Day: A thousand shall fall at thy side, and ten thousand at thy right hand; but it shall not come near thee. Psalm 91:7 God is Good bobby b

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next