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GTG

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Everything posted by GTG

  1. GTG

    GOLD

    Japanese people having been hoarding yen for many years in the "tansu ginko" (chest of draws bank) at the same time as the BOJ has been financing "bridges to no where", whilst it has had - as the worlds 3rd or is it 4th biggest exporting country? - a world outside it's borders in a debt fuelled boom. No crack up boom there. Japans' bubble burst about 20 years ago, how do you see it being any different in the west.
  2. GTG

    GOLD

    That may be happening already. I wrote to the tax office on 9th March just gone to inform them of a change of address and circumstances. I always write to ensure my communication is recorded in black and white and I keep a copy. Not having received a reply I checked my copy letter to ensure their address, my NI and tax reference were all correct. These were in order so I wrote a follow up letter enclosing a copy of the original on 20 April. Now coming up to three months since my original letter and I still don't have a reply! I will ring them next week but it does make one wonder what is going on. While I'm here IRS you wrote somewhere back I think in this thread that inflation can be created by those that have the money or words to that effect. Could you elaborate on that please.
  3. I also see your count 3 as my preferred count, I have ignored the guideline for wave three being the most powerful and on the highest volume with reference to the flash crash because of the clear five wave structure down to this point with the alternation rule for waves 2 and 4 being intact - which you mentioned - Also the retracement of 76.4% from the bottom of the flash crash is more typical of a retracement of a 5 wave impulse move not that of the typical shallower rt of a 3rd wave - 50% max. is the more normal in my limited experience. Tony C's preferred count for the leg up from March last year is a 5 wave impulsive move and this is a correction down to the 4 wave of a lesser degree. It also coincides with his 4 year cyle low so as always vigilance is the watchword. I've got some skin in the game already on the short side so market action should keep me alert next week! No pictures DD, easier on the pinkies ? From: http://www.youtube.com/watch?v=v=CblfvBwj0ak
  4. I recently gave up using IE7 for Mozilla firefox as my default web browers. Every thing was working fine until I installed some of their add ons then every time I tried to post on GEI the new post was rejected accompanied by an "authorisation mismatch" error. I've disabled all the add ons and intend to re-enable them one and at a time and try to post until I find the offender. Test11 And the culprit was: Cooliris https://addons.mozilla.org/en-US/firefox/addon/5579
  5. Now I'm repeatedly receiving the authorisation mismatch error using the latest version of IE! Sometimes my post is accepted sometimes it's not but I cannot see that I'm doing anything different to isolate what the problem may be. I prefer to use firefox but switched because I'm still unable to post using "Add Reply"? When I use this and click in the text box to get an "I" beam all that happens is that lines appear in a frame like construct around the b i and U icons (bold, italics and underline)? Also I can only edit in "quick" not "full" edit mode. effing annoying, anyone..... ?
  6. Zigzag played out to the 1:1 ratio to within 1.5 points - wave c with and extended fifth - AB=CD pattern. Negative divergence on the RSI in place. Let's see if it's straight down from here or a more complex correction. The personality of wave 2 favours the correction is over. Whatever, the chances are, is that the high is in place if it is only a correction. Hence I'm short 2/3 of a full postion, keeping some powder dry for the unexpected.
  7. Zigzag based on C being 61.8% of A (1:1= 1108)maybe complete, negative divergence on the RSI possible resumption of downtrend.
  8. Diped a toe in on the short side, wave (2) may have completed. A zig zag or less likely a triangel is a possibility, in the case of a zig zag turning point around 1102.
  9. I've counted this an impulsive move because of the acceleration of wave iii. Target for a turn is 1092 although it's possible that wave v is done here. If so a more complex corrective structure should play out. If 1092 is breached we will most likely have zigzag with turn targets of 1099 and 1117, in which case it is possible that the down trend could resume at these points.
  10. Wave iii correction may be over - Anyone know why I've been receiving an "authorisation mismatch" error message when I try to post?
  11. My preferred count on the S&P500: If it's correct we could see sideways action posssibly in a range of 1088-1051 carving out a triangle over the next few days, a close above 1117.50 would invalidate this count but the bear count would still be in place unless a close above 1178.75. Next resistance level is 1099.25 which conicides with the 50% fib RT of wave iii. Target for the end of wave v would be around 1028-1038 based on it being equal in size to wave i and a maximum RT of wave iii to the 50% RT level.
  12. Welcome back DD, I'm looking forward to you reviving this thread after your travels. I must say I did enjoy reading your experiences in your travel logs and not least your amusing writing style and your choice of colourful language. An inate journalistic talent? Anyway it's nice to have an experienced elliottician of 8 years performing in our midst especially for me a student of less than five months. As you may have noticed "those wave theorists" - nasty I suspect in the case of an element of the gold bug community - are few and far between on GEI. It's interesting to note the timing of your travels coincided with what looks like to be a corrective wave and your back for what may be the big third wave slam down. If this is the big third wave down then I hope to make enough cash by the time it's finished to have the choice to be able to sit out a nice flat or complex triple three wave 4 correction at some exotic beach location. Returning to business for the fifth wave down. Back to business, I would be interested to know how you see the structure of the leg up from the March lows last year to the recent highs i.e. it is easy to see a five wave advance as Frizzers presented on here recently. If that were the case then we are in for a few months of "chop city" as straight five corrective moves are always followed by more complex corrections.
  13. If you look for a mortgage that is linked to libor you should be able to hedge interest rate risk in the futures market, probably with the short sterling (3 month) contract. You would need to do your home work or if not a bespoke investment adviser would sort you out. Here's some links to give you a feel for it. http://www.bbalibor.com/bba/jsp/polopoly.jsp?d=1630 http://www.euronext.com/trader/contractspe...MepDerivative=7
  14. This being a global crisis have you considered shorting one of the US indices instead of the FTSE, your investment is then in USDs? Double wammy so to speak.
  15. GTG

    GOLD

    Just completed an iregular flat correction and embarking on the next 5 wave impulse, next stop $1276.
  16. GTG

    GOLD

    Looks like another test of the BO area around $1230 (nice and healthy) and then on to $1250 ish. Don't expect to see much more than a 23.6% pull back at this stage.
  17. GTG

    GOLD

    Retest of the break out possible now.. then on to $1247
  18. GTG

    GOLD

    Right on cue, this is looking like it's going to be one HELLUVA run up, the third wave appears to be subdividing again today!! Let the power of third waves be with you.
  19. GTG

    GOLD

    Looks to me we're in a third wave which is further subdividing(third of a third), if that's the case then we're in for a negligle retracement/consolidation followed by a fast and furious move higher next week... is it 1979 again?
  20. GTG

    Nanoviricides / NNVC

    I'm also on a free trade/investment here with a small holding after pulling out my principle and dealing commissions.
  21. That happened to me a few weeks ago without me having changed any settings. IIRC I used the "options menu" at the top right of my post to change the display mode to standard, no need to go into "My Controls" The only problem I now have is I can only post using the "quick reply" and not the "add reply" or "reply". I think this is a firefox isssue as there's no problem in IE.
  22. I can vouch for their comment on the north of England. I've had a property on the market since last September and despite dropping the estate agents valuation by in excess of twenty percent have not had one viewing. I should add it is in a nice area, has been staged, is well fitted out, is in short walking distance of a town centre, all emenities a mainline railway station and bus routes to the major towns and cities in the area. Fortunately I'm not a distressed seller and have no debt on the property. However, I am considering selling it to a BMV dealer as a prudent move from an opportunity cost point of view i.e. using the proceeds for trading and alternative investments, PM's being my immediate thoughts.
  23. Thanks, I thought it was my puta playing up. Just tested it elsewhere, must be specific to IP boards as FF seems to be Ok at other BB's.
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