Very nice post mate!
Pailin's Trading Corner
February 2, 2012 - 12:23am
#16622
Awesome
February 2, 2012 - 3:31am
#16623
(No subject)
February 2, 2012 - 3:32am
#16624
simpler simple
The formula is very simple:
39 x 39 = 1521
40 x 40 = 1600
41 x 41 = 1681
42 x 42 = 1764
43 x 43 = 1849
etc.
I cannot, however, explain 1650 and some others. So there must be some other factor or two in the equation. I'm guessing that moving forward, the other factors are zero.
Its even simpler than that.
An angel gave them.
February 2, 2012 - 4:31am
#16625
Another hurdle to clear
Another hurdle to clear
February 2, 2012 - 8:22am
#16626
Sinclair's angels
The formula is very simple:
39 x 39 = 1521
40 x 40 = 1600
41 x 41 = 1681
42 x 42 = 1764
43 x 43 = 1849
etc.
I cannot, however, explain 1650 and some others. So there must be some other factor or two in the equation. I'm guessing that moving forward, the other factors are zero.
There's an inactive thread where Tom L and others gave a full discussion and explanation of $1650 and other seemingly random numbers.. here http://www.tfmetalsreport.com/comment/17192#comment-17192
February 2, 2012 - 8:34am
#16627
Thanks everyone. The 1650
Thanks everyone. The 1650 stumped me too, that's why I thought it must be more complex. After looking at Ivar's work who is a physicist, I know nothing is simple with them.
February 2, 2012 - 8:45am
#16628
Thanks Mr. Nat, further from
Thanks Mr. Nat, further from that thread was the following.
Jasper Puddlemaker wrote:
What significance $1650 holds? I'm not sure? 76.4% Fib retratcement of the $880 Jan 1980 high indexed for the CPI? Dunno.
As I recall, $1650 was the figure that would be needed (back then) to balance the external balance sheet of the US. For discipline reasons he stuck with that call though he knew that figure would end up being low (but from time to time he hinted that Alf's and Martin's numbers were more realistic). These days there is not much hinting; the figures are out in the open. That is what I remember about "$1650" anyway.
February 2, 2012 - 10:20am
#16629
What's up with WTI Oil
Any idea why WTI has been plummeting??
February 2, 2012 - 10:28am
#16630
Interesting stock to watch
Gold-Ore
"Pre market it's 85 cents, up a dime. Can't be sure it will open around here, but if the deal closes the end of April, like they predict, even buying at 85 cents would give a 37 cent profit at $1.22, or 44% in only 3 months time. This assume Elgin holds it's value until then. Certainly a compelling bet, especially for people dabbling in speculative Venture stocks. That's a 176% annual return with very little risk if things go through as planned. I'm hoping it will continue higher premarket, as I am already invested heavily in it however."
Listed as GOZ.TO and also on pinks or OTC I think.
February 2, 2012 - 12:10pm
#16631
Santa's Angel - $1764 going to fall
At least.... it's looking that way!
February 2, 2012 - 12:21pm
#16632
we are breaking
$1750 and $34 decisively, finally
February 2, 2012 - 12:50pm
#16633
We back?
Felt like I was just drifitng along ina tin can there without the corner :)
February 2, 2012 - 12:51pm
#16634
We back?
Felt like I was just drifting along in a tin can there without the corner :)
February 2, 2012 - 1:54pm
#16636
pailin wrote:
I know nobody
I know nobody wants to buy a "dip" at 33.80, but if you think we're going higher...
I believe we do, so I bought. Let's see if 33.80 and 1750 gold can hold up and act as support.
February 2, 2012 - 2:29pm
#16637
Granny scalp
Scalping all morning long. Very lucky to rise early and begin layering in GLD and SLV and using the waves.
GC is going to 1770 area first and then perhaps 1795-1800. Using this wave count I have been in and out of GDX,NUGT,EXK,Svm, Aumn(thanks to SSK), CDE and other usual suspects.
The time of the week trades are not sticking for this year as much which is fine. I have gone strictly to wave counts and reading impulsive single bar readings. The counts are bullish and the sharp pullbacks are buying ops.
Almost done selling on this retrace of GLD and SLV off intra bottom, mostly scalping but content with it. Its been a day of lots and lots of singles.
Watching oil closely. Completely psychotic market. Can only buy its weakness in increments otherwise the shakedowns would be too brutal. I have no idea on the thing because it is so news sensitive.
February 2, 2012 - 2:53pm
#16638
pailin wrote:I know nobody
<>
February 2, 2012 - 3:38pm
#16639
Mostly base hits
Sure beats yesterday's bad performance on my part. Joked with a buddy that today I am wandering around the markets in search of the stuffing that fell out of my mouth when the market prison raped me yesterday :( I have made back about half of it so far.
February 2, 2012 - 6:36pm
#16640
a good day
Projecting higher in GC and Si. Will be up early again to buy dips if they come.
Playing cautious, as we have run. In daytrading mode. 1770 and 1795-1800 area. 35.50 target in SI. Miners look a bit tired but the metal itself can easily achieve these targets due to the impulse spikes today that exceeded important pivots imo.
Buying dips. Should they try any funny business it will be a gift in the early morning. A gift. Unless they really spike it down in. I could even expect that Market could spike up to its targets in the very early morning and then waterfall down after an attack which denies all retail any possibility of profit-taking. This is their way. Like muggers in a dark alley. Always working undercover.
No matter. I am very grateful for profits today, lots of work stop adjustments and selling into strength but it pays off.
The site is overloaded or something, have not had access all day.
Good rest to all. This is a full time job and then some IMO.
February 2, 2012 - 6:48pm
#16641
The Site must be struggling
very little to no access all day! :-(
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I know nobody wants to buy a "dip" at 33.80, but if you think we're going higher...
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