Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.
Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!
I tried that last week, got kicked in the balls. LOL.WEAT might be worth a punt here.
I think that's too narrowed in, although everything is fractal so I think its some child wave count that should probably still hold. Also, for a pullback should you not measure bottom up? On a little bit longer time frame the Weekly chart looks good. Right at the 38% correction and the bottom of the up trend lines. We did break the 180-200 week support which I would have liked to hold But the 18 week is just about to cross up on the 180 week, similar to a golden cross. RSI is still much better than the last few bottoms giving some bullish divergence.
View attachment 8764
5 bucks 4-5 years ago triple bottom down there. Just a few bucks. I like out of favor now and again. Do the Jimmie Rogers thing.I tried that last week, got kicked in the balls. LOL.
Didn't get Harry Dent's latest did ya?My Monthly Retirement Slow Trade system went 100% long Large Cap stocks at yesterdays close of the month.
Monthly Retirement Slow-Trade system
dpong, your thread is the only one that makes logical sense in the trading world. Seems all the rest are standing on shifting sand attempting to predict where the sand will move to next. Like Jim Cramer....www.pmbug.com
Two mildly confirming factors I would mention. First, the dealer wholesale market remains strong, as if there is an anticipation that we are on the way back up, either now, or shortly. Second, the feeling I have in the pit of my stomach that doom is just around the corner in the PM market. Always a bullish sign.Well, I don't want to jinx it but we've bounced now for 2 days. Two more days and I think we can call that correction over. I would really like to see silver with a very nice strong, up move now.
View attachment 8805
Well, I don't want to jinx it but we've bounced now for 2 days. Two more days and I think we can call that correction over. I would really like to see silver with a very nice strong, up move now.
View attachment 8805
Well it feels just awful, but I've studied this simple system and it seems to work well in the long run. One down month under the 20 month MA and I'm right out again. Of this system, that's the point.Didn't get Harry Dent's latest did ya?
Work the system cause nobody really knows.Well it feels just awful, but I've studied this simple system and it seems to work well in the long run. One down month under the 20 month MA and I'm right out again. Of this system, that's the point.
Well it feels just awful,
Has this been fact checked™?
Biden must have sent Kamala to the chambers of the conservative senate members. Probably on her knees working overtime because the Senate caved faster than a speeding rocket. Debt limit? what debt limit. No limit until after the 2024 elections. Gives the dems plenty of cash to buy themselves another election.
Markets should be happy today.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?