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


To: Roebear who wrote (22635)12/3/2002 12:23:26 PM
From: yard_man  Read Replies (1) | Respond to of 36161
 
>>there is no "smoking gun" news to this POG XAU/HUI move besides the evident TA<<

I agree ... but ...if it sticks (big IF), give the pundits a little time -- they will come up with something ... IRaq will be defiant today or some such thing <g>



To: Roebear who wrote (22635)12/3/2002 12:43:52 PM
From: Arik T.G.  Respond to of 36161
 
>>I was beginning to think no one else noticed!

Well, POG itself sure noticed, and that's what counts.

ATG



To: Roebear who wrote (22635)12/3/2002 1:57:14 PM
From: nspolar  Respond to of 36161
 
Roe, thanks ... my noticing has something to do with my location and insomnia. I was watching gold early in the morning AK time, on the London bourse. It wasn't heading down as has recently been the case, from the HK close. Likewise the dollar may have cooked its goose here. It will probably try again to rise, but I think it will get slammed back down.

I think this could be big too. Hopefully it will start and build slowly. Then eventually literally explode, as the dollar crashes.

Several of the charts imo look to me to need a last little v to complete recent sequences. So if we get a good dip here in a couple of days, it could be the last real good buying op for a long time.



To: Roebear who wrote (22635)2/7/2003 3:32:04 PM
From: Arik T.G.  Respond to of 36161
 
Hello Roebear,

Remember the 7 small bodies in the HUI late November ?
And the 4 small bodies in the Dollar?
Message 18366738

Now there were 4 1/2 small bodies in the SOX - 4 dojis and a small black body yesterday.
If nice black body today then a it's a break down. Let's say a close below 260 would be enough.
OTOH a close around 265 would make another small body and increase the potential for reversal next week
Edit: SOX now 260.83
ATG