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The Lunatic Fringe - Trading talk.

Zed

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Where is my old mate @axstone ?



What could possibly go wrong?

 

FADEAWAY

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I sure wish i was smart enough to understand all these charts graphs and mumbo jumbo,!! all i know is buy low and sell higher.
 

Zed

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I sure wish i was smart enough to understand all these charts graphs and mumbo jumbo,!! all i know is buy low and sell higher.

They are just tools to shape your emotional response to the market. Buy low and sell higher is a challenge for most peoples emotional profile. We all seem to love a big old support group!

How's the weather in Bama?
 

Zed

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Pretty flat on the open for the tribe.... just BTW.
 

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They are just tools to shape your emotional response to the market. Buy low and sell higher is a challenge for most peoples emotional profile. We all seem to love a big old support group!

How's the weather in Bama?

Its been a typical bama summer long hot muggy days..looking foward to fall and cooler weather :-)
 
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Zed

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Its been a typical bama summer long hot muggy days..looking foward to fall and cooler weather :-)

Yeah, the weather and the virus seem to be working on some peoples nerves!
 

Lancers32

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Fast women and whisky. Bill requests a good cigar.


 

Zed

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Summin to keep in mind...

So far Comex Gold delivery this August has been 25,428 contracts. In a 'normal' year the huge delivery month of December would be 10K less than that. The pressure on gold supply has not abated, people are taking it @ a much greater rate than before and the paper price has not really reflected this demand..... yet.
 

Zed

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My weekly AUD Gold chart, untouched for about two months. (no new lines!). Momentum is still building!

1629176300664.png
 

Zed

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Russel 2K, high level consolidation with a largish short position. Looks like she might be going higher if the past is a guide.

1629183526767.png
 

Lancers32

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Turd has pointed out that the miners seem to track with the price of silver. Miners have been about as bullish as silver lately. They will both stay that way until things change.
So we go up after we stop going down? Sounds like a plan to me.
 

Lancers32

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There is a divergence building between the miners momentum and the price. GDX & GDXJ for example could be setting up an island reversal. Silver has that nice long weekly tail out of support. The HUI is back around decent support.

Just for example the HUI's ratio to the SPX is getting into the territory that has attracted money in the past... it's cheap!

There are signs of green shoots here...

Not promising anything but I'm hardly slashing my wrists here...

:2 thumbs up:
If you are not hurting you just don't own enough.
 

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Screen Shot 2021-08-17 at 8.59.49 AM.png

I don't know why investors need to rebuild confidence.

Who is he trying to kid? We all know the market is rigged.

Fool me once shame on you... unless you're all Charlie Browns...?

Screen Shot 2021-08-17 at 9.14.53 AM.png
 

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Egon von Greyerz and Max Keiser: The New Monetary System Will Fail Too​

 

the_shootist

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dpong

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Trend following on sell signal.

Summary

Long term – on major SELL signal.

Short term – on sell signals.

Gold sector cycle is down.

$$$ We closed out all of our positions with good profits, and now waiting for new set ups.
 
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Lancers32

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Nothing is so low it can't go lower nothing is so high it can't go higher. You didn't call the turn if you were long from the top. We can get a sharp rally at any time but I wouldn't bet the farm.

E9As8CSWEAsLeJ6.png
 

Lancers32

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How about that.
E9A1gB7XsAgyJsz.png
 

Lancers32

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The Amazon delivery guy said buy Silver is that a sell signal?
 

Lancers32

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Peter Brandt Dollar Bottoming? Imagine where the metals trade if we get a decent run up from here. Yeah it makes no sense but what has the last 18 months? There's that 102.

E9BYBELXMAAWQ31.png
 

DHAWK

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