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kernull

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Everything posted by kernull

  1. i have made some important discoveries:
  2. yes, we are very close, next week maybe. the stocks should bottom next week, oil should confirm bottom next week, looks like it is almost over for the dollar
  3. ops, below 850, if we break 820 it will be very bearish.
  4. exactly , US consumes around 25% (???) of the global consumption, so, as prices go lower, consumption increases in the other sides of the globe, specially undeveloped ones, increasing demand. Also oil extractors will be cutting production if it is not profitable for them, so i believe this inventory report dates are rather used by traders as trend begin/end points for pricing more stronger fundamental moves like 'deflation', 'peak oil' , 'falling dollar' and etc...
  5. i think we will have a pullback to around 850 area
  6. i believe we are very close to the end of the USD rally, the key factors for the reversal are: - bottom in the stock market - bottom in the currency pairs, which in USD/CAD & AUD/USD is likely to be right now and with posibility to bottom next week in other currencies - bottom in oil, which is technically deeply oversold, and the reversal may happen anytime. (75 oil is the lowest point in the downtrend channel) so, i think it is going to be next week, and my position is , that "this is it" for the dollar. an ABC up and a new downtrend. we may be starting the first wave next week, and the 3rd wave, the strong one, right after the elections.
  7. yeah, i loaded on physical when it pulled back for the first time. i personally think silver at 10 will be the best buy of the year, Doug Casey bought tons of silver at 5 bucks , now you will be buying just about twice at what he have got it, and a bit cheaper than Jim Puplava, not bad. like a guy who made "some" money on the market said: "be greedy when people is fearful, be fearful when people is greedy" , so i think it is time to be greedy, specially on physical silver , mho
  8. not yet, but likely in a few weeks this will be over:
  9. i am not sure about the timing yet, but soon dollar rally should be ending, either it could happen after the elections, or after a rate cut, or the deleverage ends .... we have to check it in the major currency pairs for better precision, right now for example, in USD/CAD it is not clear if we are on a 3rd or a 5th (the final ) wave. but once it becomes clear, this is going to be a big fall, to add and keep adding positions during months, something like that.
  10. The USD has only 2 choices, either it goes to 100, or it plunges very soon:
  11. yes, it looks positive, i will be looking for a position between 845 and 860 area tomorrow, they should take down today's highs.
  12. hmm, I have a bad feeling about this, they jumped too fast, and the volume is low. right now they are in the middle of the channel #2 and thats a good point to plunge. so, i am not playing this no matter how high it could go
  13. thank you guys! yes, lets see what happens, I give it 51% to bulls, 49% to bears.
  14. here are some guidelines for monday, remember, this is not a secure outlook, it is just an idea and it maybe wrong, always use stops:
  15. it may be the bottom, but we will going to test it very good, because we have little volume. i am not expecting it to jump up straight on monday, if it jumps on no volume, it will go back very fast.
  16. this is very irrelgular wave pattern, but it I believe it is charted correctly:
  17. do you know Jason Homel? well, he has some plans to bankrupt Comex, maybe you could follow his ideas , buy at spot price and save this 25%, I didn't read the article, but i think it will help you: http://silverstockreport.com/2008/premiums.html
  18. yes yes, i would be very comfortable to go long at 9 than at 10.80. lets see what happens monday we should have a low in gold for a retest of 820 and it could paint a picture for the week.
  19. oops, my mistake, the 'current support' line should be drawn at 828
  20. ok, here you have it: i am bullish until it don't show signs that 820 is dead, if it dies, we are going to see 750 or something like that
  21. i stoped out, the bearish move is not yet finished. now waiting
  22. sure, i put my money where my mouth is bottom is in guys, pessimistic outlook is that 820 would be retested again, optimistic, is that today we close above 845 and london drives it down to 830 on monday, after that we should go above 920 as minimum
  23. right now it is a good oportunity to take a position, we holded at 820 (still need another retest within the next 10 minutes, but i think it will hold) , however it is still risky to get a position because we have no volume. This is like buying oil at 90.50 about 2 weeks ago, next week we should go higher, because euro needs to retest the higher band if its downtrend channel. no charts, yet, sorry
  24. well it went to 10.80! sorry! i guess i missed it because i was thinking in terms of covering my shorts, but as for buying i think you better wait what happens tomorrow. right now there is no indication on the charts on it, like it could go below 10 from here, or like it could go above 12 , no clue yet ....
  25. i don't recommend this, trading is a profession, if you want to trade you would need to learn first, like if you would go to school to become a doctor or layer .... you will be surprised, but this has very little relationship, if it has any relationship at all. for example , at 9/11 , the dow went down but not because of the attack, but because it was completing a correction cycle. and then after few weeks it went up again. check out the documentary film on this site about how news & market cycles relate : http://www.socionomics.net/films/history/default.aspx
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