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Post by simonsays on Jun 10, 2014 8:05:59 GMT -5
A nice little bounce in gold this AM and equities futures finally showing some weakness.
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Post by radar on Jun 10, 2014 8:29:17 GMT -5
Good morning!
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Post by simonsays on Jun 10, 2014 8:34:39 GMT -5
Good morning Radar!
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Post by simonsays on Jun 10, 2014 8:42:09 GMT -5
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Post by radar on Jun 10, 2014 9:06:35 GMT -5
I just cannot see how anyone feels comfortable being short (without good risk control that works 24 hours..overnight...) the metals.
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Post by radar on Jun 10, 2014 9:08:04 GMT -5
GDX and GDXJ not buying this metal's rally. A caveat!
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Post by platy on Jun 10, 2014 9:19:13 GMT -5
Gold 8:31am high, Neptune RX, I think we have a reversal today.
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Post by radar on Jun 10, 2014 9:32:53 GMT -5
I think you will be correct, Platy. The close will be important. Being so close to your June 9 turn date, it just makes sense (that today is a short term top).
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Post by platy on Jun 10, 2014 9:37:04 GMT -5
Also A-B-C is complete from the low.
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Post by platy on Jun 10, 2014 10:27:04 GMT -5
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Post by platy on Jun 10, 2014 11:16:14 GMT -5
Rumors I have been hearing:
Global currency re-set event in which U.S. dollar is devalued by 30%
End to QE
Comex default
Escalation of tensions with Russia
Something like one of these would be appropriate for the upcoming double pentagram.
ETA: Derivatives crisis
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Post by simonsays on Jun 10, 2014 11:52:21 GMT -5
Interesting stuff Platy! Is the big turn date the 14th or the 19th?
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Post by platy on Jun 10, 2014 12:02:09 GMT -5
14th
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Post by radar on Jun 10, 2014 15:26:54 GMT -5
BATTON DOWN THE HATCHES!!
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mp
Junior Member
Posts: 77 
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Post by mp on Jun 10, 2014 16:06:08 GMT -5
Also A-B-C is complete from the low. A positive divergence on the daily indicator and a price target of 1230 is a good place to start a long position.
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