Oldtent Archives 2007 - 2008

tinyurl.com/2m38uw

Red line is HUI/Dow…..Breakout…..Gold and Hui are overlaid on chart….who’ is kicking but right now?…..Divorce is Final…..

Actually, this conversation is (at least to me) an attempt to corral the time factor within reason.

Couple of things……First, if crude oil tops, right now, it seems to me that that would be supportive to stocks, no?  Second, I took a quick look at an oil chart, and we are hitting a line of two prior highs (if the piece of paper I used as a straightedge is straight), and that would make sense as TPTB would like oil prices down going into Xmas shopping season, but that would not be a negative to the general markets, would it?

Dow, macd dropping with the Stochastics at around 20 and ADX dropping is a “buy signal” per AuricGoldfinger…….so I would expect strength to come in seasonally in the dow.  5 point RPW on the Dow monthly, but that could take some time to play out, or could drop quickly and re-test……………Just saying I don’t see ST stuff I’d expect…………so I’ll stay with the PM momentum move………..

Just tell your dad you’ll buy the coins from him & put them away for later.  I  re-roofed my parents house  around 1999 I think & wouldn’t take any wages for it. After losing that battle I agreed to enough compensation to purchace 2-oz of gold, bought in and turned around & gave them the gold to put away. Figured if they lost everthing at lest they would have a 1-oz apiece. Well 3-yrs ago when my father passed away my mom handed me the 2- coins. She didn’t want to keep them. As you can guess she still owns them –she just doesn’t know it .

….at the Charts section….its an eyeopener for sure…..

….shoot….we should one day soon vow to create a little library of charts using instead of the almighty dollar as the denominator….just use real money…….

…..thats all that really maters in the end….Oil/Gold…….Dow/Gold…Silver/Gold…..Zimbabwe Dollar/Gold…..etc……

http://www.oil-price.net/dashboard.php?lang=en

Is there any oil trading yet tonight –I see the Hang Seng is -2.7%

You can’t  help someone who thinks they know more than you. You do however have the satisfaction that you tried.  We are at a special disadvantage with our parents - they knew us when we were helpless and knew nothing.  Deadeye

hang seng is under 30,000 and falling like a rock.

rno

http://finance.yahoo.com/q/bc?s=%5EHSI&t=1d

One thing is pretty certain: the Chinese love to gamble. 

Maybe I’ve got some Asian in me?

…….Hows your Auzzie golds doing are they leading or lagging POG….?

….thanks for that find…..looks like the Thais are imposing a Luxury Tax on Gold Producers….sheesh

….P S…where would you like to be listed as from..in the Locator…?

…vintage Flagold since the old days at Gold Eagle……Vronsky never apreciated your humour….but I sure do….good luck this week to you too……

Is that chart inflation adj.  

don’t confuse me with the facts, my mind is made up.<G> i’m simply stating that i got an rpw to the down side (sell executed) in the sm. got an rpw to the down side in bonds. (no sell execution yet), got an rpw down in the beans. (sell executed, not stopped out). lots of other rpw’s working that i’m not following. these may be intermediate or long term but the system says go, so i go. unless we know the time factor we are discussing, it’s hard for us to be on the same page.

at this point, i think oil is getting “toppy”. it may make some kind of complex top, but i don’t think $110. bbl is in the cards. i think this market is about distributed. wheat ran away to all time highs, but was price distributed. i think the soybeans are very close to being distributed. the bonds are also close in time but may go higher for a few days as a “flight to safety” with the pm. the sm has had a rotting foundation, and imo, not even a crashing dollar can prevent a significant correction. perhaps to the 7500-8000 level in the dow. price has distributed every market to date. these will be no exception. when gold was the yardstick, price was relatively easy to ascertain. with the dollar falling like a rock, how do you measure value? the only thing i know to do is shuffle the paper to obtain fiat, then trade the fiat for pm. the price rationing in pm will be accelerating soon.

rno

On of mine I’m thinking of reducing, unfortunately

KCN.axy.