Palladium could be forming a massive inverted head and shoulder to propel it to 1150.
Palladium has a great story, just ask Vladimir Putin, lol
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Friday, September 13, 2013
Gold bouncing hard on the big 50 Fibonacci
Gold bouncing hard on LOW volume, on the 50Fib from the big 2009 run up
Methinks that the "Syria Solution" was a great excuse for TCTB The Criminals That Be to work over the newly inspired gold bulls and bust their bubble.
All countries will continue to print. That means all hard assets will become more valuable against all currencies. Only the trading shenanigans will make it look tricky. It isn't.
Methinks that the "Syria Solution" was a great excuse for TCTB The Criminals That Be to work over the newly inspired gold bulls and bust their bubble.
All countries will continue to print. That means all hard assets will become more valuable against all currencies. Only the trading shenanigans will make it look tricky. It isn't.
Running along the top of the channel, time for a real correction
I am not saying go ape shit short, but thinking that after the biggest pimp run in history, that we can accelerate up and out of the steep uptrend is just unlikely.
Wednesday, September 11, 2013
Monday, September 9, 2013
Big Gov scrapping for anywhere it can find money
Another sign of the times. Since the "financial industry" aka the business of printing, is the "powerhouse" of business activity, might as well tax it.
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Message Reference Number: 9529136, Sent Date: 2013.08.30 11:34:24 -0400
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Excellent Bernoulli Channel on the Dow Transports
Ol crazy Oscar Carboni tells me that the Transports are a leader.
The Transports appear to have pushed the irrational exuberance to the top top of the Channel.
The Bernoulli 177 is the top outermost channel. It could go ping the channel again, or it could in the towel here at the near term 78 Fibonacci retracement.
Drop a comment, is anybody out there, lol. Smoked bear is not a good smell.
Long Term
Medium Term
Short Term
The leader looks pretty sick, or at least exhausted, lets say. What say you?
The Transports appear to have pushed the irrational exuberance to the top top of the Channel.
The Bernoulli 177 is the top outermost channel. It could go ping the channel again, or it could in the towel here at the near term 78 Fibonacci retracement.
Drop a comment, is anybody out there, lol. Smoked bear is not a good smell.
Long Term
Medium Term
Short Term
The leader looks pretty sick, or at least exhausted, lets say. What say you?
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