GDXJ + GDX
Not sure how anyone could have seen this coming 😉 Don’t worry, the airy exhaustion gap sequence below should provide good support.
Krystar – here is one of the parabola charts I was following:
GOLDTENT ANTHOM
Polls
Loading ...NUCLEAR WEAPONS ARE A FANTASY
WHEN THE FINANCIAL SYSTEM IMPLODES
YOUR MENTAL IMMUNE SYSTEM INTENTIONALLY UNDER ATTACK
FENBENDAZOLE AND TURBO CANCER
NO VACCINES HAVE EVER SAVED LIVES
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CO2
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IVERMECTIN !!
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* FUCK
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* ADVENTURES OF GOLDBALLON
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- ARTIC SKIING IN RUSSIA
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* UNINFORMED CONSENT
* GET YOUR IVERMECTIN
* FROM RUSSIA WITH LOVE
* CLIMATE EMERGENCY ?
WE ARE
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* BEST OF THE BEST
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TOTALITARIANISM
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POSTING INFORMATION
Mark, Looks like it will hit your target in a few weeks…I am expecting this rout to continue until end of August
I drew this parabola on GDJS and looks like target is 100% from today…
http://stockcharts.com/h-sc/ui?s=GDJS&p=D&yr=0&mn=4&dy=14&id=p49393967605&listNum=15&a=468375462
Yes, I have a few parabolic charts that I’ve been following. I always sell parabolas into resistance.
Mark, I’ve been in Dust for a week now and finally it’s looking good but what will happen at the Fed meeting next week?
Take a look at RUSS and EDZ and see what you think. Wolfe wave on RUSS gives a huge target end of November if oil cooperates
Wink, wink….he, he, he YOU MARK were the ONLY ONE WHO SAW THIS COMING as near as I can tell–well Krystar most likely did too …..FWIW Socrates thinks that gold may be heading to retest lows if it closes below 1315.10 on the daily ….I held on to my DUST because I have a lot of confidence in your analysis AND gold hasn’t be acting too perky and with 1315.10 getting closer and closer…..thank you!
Very good call Mark!
Well we have entered the bear’s lair here
I am all for a nice correction too…not selling my Spock Rocks however
Still Bullish …I think all down targets here are way overblown
And Before we do too much backslapping please Note Mark’s All in JDST Post from June 26
All in Average 9.04 ( Started at about 10)
https://goldtadise.com/?p=374441
I am compelled to point this out because of the condescending tones from the bear camp
a Good call would be JDST entry at 6 …not all in at 9 and 10
Long way to go just to break even .
Meanwhile those who remained long these last 3 weeks have some nice gains to protect here …hedge/ cash …nice to have choices
I thought I was all in at that time but as posted later I kept averaging down over the next 2 weeks. No, I did t list every time I averaged down but I do recall you even asking me on here if I sold or was averaging down and I told you I was averaging down. Selective memory? Prefer to water down my position that selling into resistance during an exhaustion gap sequence was not as good as sitting? I averaged down on DGAZ too. Who the hell nails a bottom or top exactly? Not sure about your motivation.
Mark…my motivation is honesty…You have been having great success here and we all appreciate your work
BUT Starting to buy JDST at $10 and averaging Down to almost $5 is NOT a good trade . You called a firm top in GDXJ at 43 and it wen to 50 .
Nobody nails the tops and bottoms but I am sure anybody following your trade would have bailed and if NOT would have pooped their shorts repeatedly as they lost 40% or more in a few weeks
This trade has been a disaster . Many books have been written about the cardinal sins of trading and averaging down on a loosing trade is always at the top of that list.
This style of trading is not for everybody..not for 99.9% . I am sure you will make it back to even somehow…but for most the sleepless nights wouldn’t be worth it
So that’s my motivation…pointing all this out
Shorting a bull market is tough and 3 times as tough with 3X leverage