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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: nspolar who wrote (21974)11/16/2002 3:09:31 PM
From: Roebear  Read Replies (2) | Respond to of 36161
 
nspolar,
Some real nice charts on your post, enjoyed your alternate EW count.
As you know, I've been expecting next leg up in gold and silver stocks to commence in November, so I am pretty well invested since late October.
Adding on dips though, added to PDG last week.

Only loser so far is RIC, and I'm not worried about it, taking the longer term view.

Best Regards,
Roebear



To: nspolar who wrote (21974)11/16/2002 5:24:15 PM
From: jimsioi  Read Replies (1) | Respond to of 36161
 
nspolar, your indicators on the HUI

Took your view of the XAU and associated set of indicators over to the HUI, went linear, longer term, and added price relative to the S&P.

Looks promising indeed. Patience however is the key. I expect all number of false starts, wild corrections as we saw this week, and sudden failures as long as the commercials are so intent on selling into strength, which I would expect them to continue to be.

stockcharts.com[l,a]wacaynay[d19961116,20021116][pc20!c40!c40][iUe12,26,9!Uj[$spx]!Up14,3,3]&pref=G

Currently 60% of probable maximum exposure to PM sector

jims101



To: nspolar who wrote (21974)11/17/2002 7:59:22 AM
From: crustyoldprospector  Read Replies (1) | Respond to of 36161
 
Excellent observation, ns, on the potential ppo crossover for gold.

I check Longwaves daily and have seen Zoran's latest post. Yes, he provides an excellent analysis, even if the counts don't always work out perfectly.

I guess I don't pay much attention to Bradley or other astrological projections, and was really suprised to go back 5 months after my previous peek and see that Oct call being so dead-on. All that said, I do put some weight on market turns and panic situations occuring more frequently at Full Moon. The statistics in many areas, including criminology and medicine (physiology) demonstrate that the moon cycle does have effects on the human body and psychology, though the cause and effect relationships are very poorly understood.

Another "far out" relationship that I do put weight on is the air pressure in New York at times of market declines. Statistics I've read (source lost) were quite convincing that significant market declines have a statistically significant correlation to times of low air pressure.

If there is a low-pressure wave hitting New York the morning of a full moon during a market decline on options expiration week ... look out below!