Loading ...FRIDAY THE 13TH AND A FULL MOON and A DRUNKEN ORGY
Bob never stood a chance today.
He went MANIC… on a bender for 3 months….party party all day every day.
Now the payback , the hangover , the depression .
Throw in the FULL MOON on FRIDAY THE 13TH
BOB NEVER HAD A CHANCE.
BOB IS MANIC DEPRESSIVE
SOMETIMES THE MEDS CONTROL HIM FOR LONG PERIODS OF SEMI CONSCIOUS EXISTENCE
BUT SOMETIMES HE BREAKS OUT AND SOME TIMES HE BURNS OUT.
THIS HAS HAPPENED FAIRLY RECENTLY…REMEMBER THIS ?
IT’S ALL JUST A GAME.
SNAKES AND LADDERS
2016 RALLY
…………………………………………….
2019 RALLY
Thanks Fully for the refreshing breath of hot optimistic air!
I don’t think it’s Bob that didn’t have a chance, it was us!
But if you can get Bob to repeat this, I’m all in with you…..
1. “Bob admitted he was powerless over alcohol, that his life had become unmanageable.”
: eH eH ?
Sort of. 🙂
It was a little too early to get too excitedly optimistic a couple of weeks ago or so.
It might be a little too early to get too pessimistic.
People who trade both long and short with extremely short time frames could have lots of fun, and if they are good at what they do have probably been having a great time already. There has been so much money to be made on the way up and on the way down!
Otherwise we can just watch (and as usual make portfolio adjustments according to individual companies’ circumstances and our own circumstances). That’s my opinion. From my perspective the overall longer term trend is still up until proven otherwise. Then it would be indeterminate or down. But it could take quite a bit more to change things from being overall up, I think.
No arguing that there’s a short-term down-trend since the tip of very recent spike up, of course.
Maybe we should be calling ourselves Goldaholics, not Gold Bugs.
A gold bug is an insect with a desire.
A goldaholic is powerless over they’re addiction.
But I suppose you could say that charting is the recovery center…..That is if you do what they say to do.
Well Put Sir Steins !
The resistance was well noted here by many excellent technicians …but we will always get caught up in the mania
and unable to locate the sell button in time.
🙂
Not really sure why people are shocked by the recent correction – we were getting way to frothy so I’m wondering is this really surprising ? All healthy bull markets go through consolidations
Hi! This time it’s different!.. Really, it is, from that 2016-17 up-down move. Gold was still basing from that drop of 2011 highs on the monthly chart. and had not closed above the last known monthly defined resistance from aug/sep 2013 at ~1395. We have now crossed what has become important resistance at 1350 AND had a monthly close above that 1395… A picture is worth a thousand… well here it is.
https://twitter.com/badcharts1/status/1156302132393512961
Regards,
Patrick