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Strategies & Market Trends : Zman Market Timing -- Ignore unavailable to you. Want to Upgrade?


To: skinowski who wrote (672)10/31/2013 10:06:32 PM
From: zman69  Read Replies (1) | Respond to of 15903
 
Interesting perspective,definitely something to watch for... thanks for sharing!

I like that flat scenario that would allow for a rally to 1500 and THEN a final wave down.



To: skinowski who wrote (672)11/1/2013 8:48:05 AM
From: hawkeyefan  Respond to of 15903
 
I have been thinking of the triangle you mentioned. If so, we would be in the "c" of a contracting triangle.

The "c", at least from the rules I have, is almost always the longest leg in time and most frustrating leg.



To: skinowski who wrote (672)11/6/2013 10:51:03 PM
From: ajtj99  Respond to of 15903
 
Skin, I can see your read, and the 4 of C is a real good interpretation, particularly with the bearish descending triangle since the June 2013 lows on the HUI. There is the issue of possible overlap with the move up in late 2012, but there are lots of ways around that.

Question for you. Do you believe the "financialization" of Gold that has happened over the past decade has increased its volatility, partially accounting for these wild swings in both the metal and the precious metal stocks? The ETF's, expanded precious metals futures, and new rules courtesy of the commodities and futures modernization act seem to coincide with these huge swings. Furthermore, there are no Hunt brothers buying up huge lots of shiny stuff either.

I'm interested in your views on this, as well as those of anyone else who may have some insight on this.