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March 7, 2017 - 2:40 pm

Backtests and Bear Flags…

Posted by Parabolic Chuck @ 2:40 pm :: Uncategorized
Comment RSS
  1. Plunger says:
    March 7, 2017 - 2:55 pm at 2:55 pm

    Yes, it continues to look ugly

  2. Gallo says:
    March 7, 2017 - 3:24 pm at 3:24 pm

    Please you’re both posting at such a critical time. This is getting very interesting.

  3. Gallo says:
    March 7, 2017 - 3:24 pm at 3:24 pm

    Pleased…

  4. Gallo says:
    March 7, 2017 - 3:32 pm at 3:32 pm

    Chuck and Plunger: could you post an update to your long term views? I take it that Plunger believes we have reached or are close to reaching a short term bottom.

    • Parabolic Chuck says:
      March 7, 2017 - 5:16 pm at 5:16 pm

      Hi Gallo. My monthly charts are boring. They’ve barely changed since I posted that last update last month. Zzzzzzzz 🙂

      • Gallo says:
        March 7, 2017 - 5:53 pm at 5:53 pm

        Did you post it here on GT? I must have missed that. Last month meaning February.

        Thanks Chuck. Hope alls well with the family and the new addition.

        • Parabolic Chuck says:
          March 7, 2017 - 5:58 pm at 5:58 pm

          Here ya go on the update:
          https://goldtadise.com/?p=392107

          Lack of sleep has been a killer! I have a 9 year old, 2 year old and a 3 week old! Can’t wait till my new boy Carter starts sleeping through the night!

          • Gallo says:
            March 7, 2017 - 6:24 pm at 6:24 pm

            We have no kids but three cats. One sleeps with us. To stay warm she’ll huddle very close to one of us. If it’s my wife no issues. If it’s me I have interrupted sleep all night and boy that happens 3-5 times a week. Completely changes my disposition. I used to be such a great sleeper too:). But, I just love this little girl so I live with it. Different situation same outcome. Thanks for the link Chuck.

          • Gallo says:
            March 7, 2017 - 6:51 pm at 6:51 pm

            Looking at early 2018 for a bottom? I kinda think we move higher during this spring/summer probably from lower levels but then not sure. We could have a big 2018. In the back of my head I wonder if we are not mired in a secular bear with commodities moving up 10 years and down 20 years. If 2011 was the top then we have to 2030 or so for a secular bottom.

        • Parabolic Chuck says:
          March 7, 2017 - 8:51 pm at 8:51 pm

          Yes. Same outcome! Ikes. I can handle 3 months of this but you’re doing years. That’s tough….

          Those arrows were just arrows I put on there a long time ago with not much thought. I do think this will drag out for years. Maybe almost to the end of Trump’s second term. 2030? Wow. That would be frustrating to many!

          Shall see… good luck!

  5. Fullgoldcrown says:
    March 7, 2017 - 9:34 pm at 9:34 pm

    Gallo You are suffering from a catastrophic lack of Sleep

    🙂

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