Loading ...Dump Your Cookies Goldtent TA People.
I’m 67 so I am on the short end of this internet / computer wizadry .
But…I have learned a ton in the last 20 years…slowly but surely.
My favorite is Dumping My Cookies.
When we were kids that had a completely different meaning and usually involved a toilet.
Speaking of toilets ….what do you think about Plunger’s Bombshell.
Gotta admit the guy’s not shy …compelling stuff….based on his intimate knowledge of Market History
and chartology
He know’s he’s on a limb…..but that is what is impressive….sometimes when your analysis leads you to be more confident than usual you go for it…swing for the fences…you may strike out a couple times but when you hit the homerun… you win the game.
Another favorite poster here Graddhy is aligned in his thinking with Spock.
They are Bullish almost everything but the US Dollar.
Commodities have bottomed…of this we can be sure…Now we accumulate positions during this convoluted bottoming process….
Rambus is tentatively bullish PMs…we could be should be on the cusp of a good run at the least.
Also long term bullish the Stock markets and especially Metals ( Industrial Metals)
Industrial metals ( as marked by DBB the etf for these things) We have Rambus Spock and Plunger all positioned long.
Surf City is also in a longer term bull camp but as always riding the waves….big and small
Jordan is cautiously short term bullish on Gold ….
As always Eagle Seagle is playing the wiggles and doing fine …because he lost his mind
Norvast hasn’t been heard from for a time…but he’s a busy guy and only speaks when its important for him to help guide us from Gann’s Angle
Then we got The Two British Bulls Northstar and Odd Job…..Their energy is contagious…and their charts too are compelling.
Fully still thinks there is a Fork in the road in the Dollar….but he is usually a little late in turning his bias.
🙂
Then we have so many others contributing lately….all excellent takes….Pedro Deleon ,Marty, Gary, KenS, North, neilsdavis2002 ,Gabe ,Alex33 , Avacado Pit, Optional, Jenkins Lane , Highroller , NickG, and many others posting and commenting. another.. Cash Costs
Anyhow I started to talk about dumping cookies and ended up here….
Dump your cookies also can mean empty your mind of all biases from time to time then re examine the evidence.
Good luck all….
lets hope Gold doesn’t dump her Cookies any time soon
🙂
Thanks for the mention. Northstar commented on an earlier thread and I totally agree- the terms bull & bear are inappropriate. Especially at this point in time.
We’re at the apex of a 9 month consolidation pattern, simultaneously testing 6yr falling resistance. Nobody knows the next direction, and nobody has to. The resulting run will be big enough to make your year if you play it right – dump your cookies and wait for directional confirmation, get leveraged and let the market pay you for several weeks. Its gonna be a doozy
Good review FGC.
From the perspective one of the British Bulls 🙂 IMHO the next big rally is coming soon, but as always there may be a shock along the way, but I don’t think so. This has been a long consolidation period for a bull market, but as always we have historical data to review and the figures below are interesting to say the least. I know I have posted these before, but I think they are worthy of a 2nd look.
In Nov 2006 the Hui was at 338.20 and 11 months later on the 5th of September 2007 it was at 337.06. Basically it went nowhere over 11 months!! Sound familiar?
However, by Nov the 7th that year it was at 463.06 a 35% + rise in two months.
Could it happen again or will it be even bigger this time?
And from the other bullish Brit ? – thanks for the round up. I love this site because it welcomes both sides of the debate. That’s what it is really – a debate. Right now, I see pressures building for an upward move, not a drop. That could change though, but only if the evidence supports it. It would be a really big divergence with history to break a cycle which has been in place for 50 years. That doesn’t make it impossible, just much less likely. Bull and bear are convenient terms to use, but they really describe the market action rather than my outlook. I will try to remain neutral and will report negative signs when they come. Good luck all, from the sunny North of England ?
Give our best regards to Prince Harry!!
Will do – next time I bump into him, lol.