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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (78338)8/23/2011 10:00:44 PM
From: Paxb2u  Respond to of 217749
 
Agree with that! Thought we could get 2 down days w/gold but doesn't look like it. Only got to sell small portion of my hedge. Oh well --I don't want to get the greed bug.---Peace



To: TobagoJack who wrote (78338)8/24/2011 2:20:07 AM
From: 2MAR$  Respond to of 217749
 
Caranza's voiced thoughts were telling & also your own into mon and that seemed to mirror what i was thinking too as well as many saavy traders everywhere . Isn't it when somebody says his Barber is buying that its time to sell & wait for reentry ? ;o)

The Chavez news was perfectly added sauce to the mix to add to that last rise making $1900 an easy mark but since the bulk of the trade was anticipation new round of Bond buying , but think we all had better appreciation that the Fed isn't going to make such an overt statement which would prolly start WWIII with pundits , politicians , talking heads, tea baggers & mother China all at the same time...they'll do Qe3 more artfully .
(there were also concerns you mentioned of possible new margins to)

Here's fluff piece with all the crayon color, a basic buy the rumor sell the news , lighten up etc
finance.yahoo.com

They say life ultimately desires to be Art , and Art ultimately wants to be Music in its heart ...the weekly chart
has a regularity to the periods of the rise & rythm with the pullbacks....it was that definitely raised my hunting tiger instincts to test short GLD on monday $182 but really was hunting Ag as it wasn't matching Au's rise tp 1900 & it stuck at still @ $44 .

(And always look at new 'century' marks after parabolic rise as strong psychological points for the proftaking .)
We had two tests essentially there at $1900 while there's the easy~to~see long strings of of regular pullbacks to the 20ma on weekly but with this last rise, the fear bent the fabric of space & warped the chart , though the length of the period was about right for timing the sell-off.

It is a game & like going to the opera ...but some hear the libretto & know the score better than others , you nailed it ! Thanks to you, Caranza & some people's barbers helped me to nail it too. Wither hence?
Thats the next game's move , surely not back to the 20ma this time but was sure many a larger player would love to rebuy ower again. Too soon , too much to tell...alot got priced in with this move for now.

Held 1831 today trading 1843 now a dip to under 1800 hurts nothing on the chart trend .