Silicon Investor (SI) -- The First Internet Community

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.

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

To: morokko65 who wrote (34187)	12/5/2003 3:40:53 PM
From: Eva	Respond to of 36161

Agree Back in CCM I got stopped out yesterday

To: morokko65 who wrote (34187)	12/5/2003 4:00:05 PM
From: nspolar	Read Replies (2) \| Respond to of 36161

yes, I'll look tonight. I don't however think it assured this correction over. HUI may have done a 'a' and part or all of a 'b', and yet has a 'c', for example. This is a delicate area in general and really tough as to the best course of action. I just about bailed right near the top, but the gold chart and some other things convinced me to stay. What is so tough for a greedy person like me is that this area is one where some very good gains are yet to be possible, if past pm experience is a guide. Froth can drive these things berserk, and I don't feel we have had that. Is it worth hanging around for say another 30%? What is the risk? Hard decisions for all of us.

To: morokko65 who wrote (34187)	12/7/2003 7:06:23 PM
From: nspolar	Read Replies (1) \| Respond to of 36161

morok, I think the channel is still intact re HUI, well intact. Things can always change. Re gold futs, I recently showed this (once again), which was a wedge. I do go back and look at this stuff, usually again and again. I since decided I don't like this, it has a major EW violation, if it were true, and I felt that should not be. ttrader.com I've redone it this way, without any EW designations. There are several fan lines and channel lines. The beginning point used for a fan line is important, and imo should be at the beginning of an impulse up, and at the end of a correction. Sometimes it is difficult to tell. If I were to label this it would show the Feb futs in a iii of a 3rd (of something that makes no difference, but imo another (3)). This is normally a powerful area. The fan lines and channel lines are in sync with the EW. It all adds up until it doesn't, and sometime it quits adding up tomorrow and all falls in the toilet. Just the way it is in this biz. But it is this chart and analysis that I think has JS all charged up. He apparently is in sync with it. I believe he also feels the shorties are on the brink of caving, and that we will now get short covering rallies. He is trying to instigate it all and help it along, via his free internet service. Again how ironic that something as harmless as a free JS BS internet site may now put the knife to the aholes who work behind closed doors. JS wants to put it to the cartel blood suckers, in the worst way. I'm sure the cartel laughed at JS when he started his site. ttrader.com\'s%20charts&id=427&d=2 I am not a blind bull, and encourage others here not to be blind either. These lines are not that hard to draw, and breaks, etc. should be taken seriously. This is a highly speculative stage that the market is in, with a lot of big money at stake. Sometimes we sit in front of computer screens and just stare. It is easy to do. I try to avoid that but am just now learning some of the features of my Qcharts, that are quite nice, even though I have had it for some months. Good Luck to us all, and may the cartel get fire up their arse right here. They've been blowing smoke up ours for long enough.