The Lunatic Fringe - Trading talk.

[Zed]

Down into my target zone on Gold. I think this is around my entry point.

 

[savvydon]

I added a bit of KL on the dip today. Standing by with another half dozen bids that are one more dip from filling.

 

[Lancers32]

So far the September 24th lows have held in miners. Gold briefly under $1800 spot Silver did not make a new low. You never know when the bottom is in until after the fact but 15 weeks off the August highs is long enough. Hopefully we get another flush as a rally off these levels would be hard psychologically to chase. 25% long.

 

[Zed]

I added a bit of KL on the dip today. Standing by with another half dozen bids that are one more dip from filling.

This might require intestinal fortitude into December. Could be nasty.

 

[Zed]

https://twitter.com/i/web/status/1331368215012909057

 

[Zed]

So far the September 24th lows have held in miners. Gold briefly under $1800 spot Silver did not make a new low. You never know when the bottom is in until after the fact but 15 weeks off the August highs is long enough. Hopefully we get another flush as a rally off these levels would be hard psychologically to chase. 25% long.

They don't like Gold happy talk at the Thanks Giving table... so there is that.

 

[Zed]

I have to say that the level of immaturity in the BTC crowd clangs warning bells for me. It's like gold was prior to 2011.

 

[Zed]

Will it fizz?

https://twitter.com/i/web/status/1331359498825592834

 

[Zed]

https://twitter.com/i/web/status/1331366325629968386

 

[Zed]

Mr Schiff, constant if nothing else!

https://twitter.com/i/web/status/1331383730838102017

 

[Voodoo]

Will it fizz?

https://twitter.com/i/web/status/1331359498825592834

Curiously MA's computer model seems to be picking up on a near-term top. This would seem to confirm some insiders think it may. At least some big money may be moving around.

 

[Zed]

Very likely that the courts will not access this rationally and will simply save face internationally. A bad bandaid approach, but...

I do Not Think Trump will Win

 

[Lancers32]

I have to say that the level of immaturity in the BTC crowd clangs warning bells for me. It's like gold was prior to 2011.

Maybe but it sure has been the place to be.

 

[Lancers32]

The 200 day touch. I don't place a lot of faith in trading off of it. Some EW traders feel 18 is an important level. Oversold strong support underneath.

 

[Zed]

BTW Gold is about to hit the 200 DMA. Typically they push below it to get the stoploss liquidity flowing.

 

[Zed]

The 200 day touch. I don't place a lot of faith in trading off of it. Some EW traders feel 18 is an important level. Oversold strong support underneath.

LOL... beat me.

Typically it is TESTED!

 

[savvydon]

This might require intestinal fortitude into December. Could be nasty.

I try to deploy dry powder in waves. Kind of like going to a next defcon level. I am rarely 100% in because who the heck knows how hard, strong, or long the move is going to be. Axstone put up a chart on his thread showing gold correcting to sub $1400. I'm pretty sure I will have run out of dry powder by the time that number arrives.

 

[Zed]

I just had a Twitter account blocked and the phone number changed on me so I could not reverify it simply because I posted some factual content about the election debacle. No bad words no bullshit, no nothing.

Twitter is off the chain! These people need to be contained.

 

[dpong]

I just had a Twitter account blocked and the phone number changed on me so I could not reverify it simply because I posted some factual content about the election debacle. No bad words no bullshit, no nothing.

Twitter is off the chain! These people need to be contained.

Yes this is where we are. I hope we won’t come to accept it as normal. But I fear we will. We’ve put up with too much already. Outrageous.

 

[Zed]

Yes this is where we are. I hope we won’t come to accept it as normal. But I fear we will. We’ve put up with too much already. Outrageous.

Just got this...

No specifics, no idea why?

The only problem is that they have some BS phone number so I can't verify anything so effectively it is a lockout!

We’re writing to let you know that your account has been flagged for unusual behavior that violates the Twitter Rules, and has been locked until you take the following steps:

1. Log into your account, or open your Twitter app on iOS or Android.
2. You’ll see a message about your account, and a prompt to click “Start.”
3. Select your country/region, and then enter your phone number.
4. Click “Send code.”
5. You’ll receive a message from Twitter with a confirmation code.
6. Enter the code you receive on the prompt screen. You’ll receive a confirmation. Please note, it may take a few minutes for your account to be completely unlocked.
7. If you’re still experiencing a problem after confirming your identity, respond to this message and provide us with more details about what’s happening.

Please note, repeat violations of the Twitter Rules can lead to a permanent suspension of your account.

Thanks,

Twitter

 

[savvydon]

Yes this is where we are. I hope we won’t come to accept it as normal. But I fear we will. We’ve put up with too much already. Outrageous.

It seems pretty simple to me. These people created the platform, and they will have to bend to the will of those who exert power if they want to keep the platform in place. Since the motivation for the creation of the platform is profit, then that is the bottom line, not creating a space where free speech is given priority. In other words, these people have something to lose by not complying. It is a far cry from 'Give me liberty or give me death'.

 

[Zed]

I'm reading through public commentary on this election. They are a crop of moron's with some foul attitudes to everything. Your education system is failing the country, that is all I can think.

 

[Zed]

I think the issue with Twitter is that they give moderator keys to emotional kids that want to create a safe space for their type. I'm not even sure it is Twitter as a company, I think it's mainly free ranging employees doing whatever they like with no recourse for the user. These kids have been educated to silence any opposition and not debate anything. Democracy is dead because they are undemocratic and they are the future.

 

[Zed]

This is what is coming...

 

[Zed]

 

[Zed]

According to the Japanese the USA has electile dysfunction.

Sorry about that folks.

 

[Lancers32]

I'm reading through public commentary on this election. They are a crop of moron's with some foul attitudes to everything. Your education system is failing the country, that is all I can think.

9 out of 10 people you meet are lucky if they can tie their shoes.

 

[Lancers32]

Gold chart from the Tent with Gann Lines.

 

[Lancers32]

According to the Japanese the USA has electile dysfunction.

Sorry about that folks.

No probrem.

 

[dpong]

9 out of 10 people you meet are lucky if they can tie their shoes.

I've started talking about it as "smart vs. savvy." There are different kinds of smart. I work with some Phd types that are unquestionably smart. But they are suckered by every kind of promotion. Savvy gets it that the dice are loaded.

 

[Lancers32]

 

[Lancers32]

Hopefully they sell 'em. Couldn't give it away yesterday. Bid up in pre at least so far.

 

[Lancers32]

I guess I would consider myself lucky to get a double on a couple of old dogs if we run to $45 Silver. I have watched this for months too scared to go near it. Doubles in two weeks.

 

[Lancers32]

The dwarf passes the sniff test.

 

[dpong]

I guess I would consider myself lucky to get a double on a couple of old dogs if we run to $45 Silver. I have watched this for months too scared to go near it. Doubles in two weeks.

Trailing stops will set you free.

 

[hammerhead]

Your education system is failing the country, that is all I can think.

No child left behind.

 

[dpong]

OLN for no particular reason. Except interesting trailing stops.

[And it was a great buy.]

[Up 47.56% right now.]

 

[dpong]

MELI because trailing stops.

[Up 87.85%.]

 

[nowon]

https://twitter.com/i/web/status/1331607003110789123

 

[nowon]

https://twitter.com/i/web/status/1331628194366189568