tag:blogger.com,1999:blog-1708908742323002823.post4647702255776679505..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: Trader Dan Interviewed at King World News Metals WrapTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger61125tag:blogger.com,1999:blog-1708908742323002823.post-51883038791999944032013-09-05T09:20:56.417-07:002013-09-05T09:20:56.417-07:00Just go to You Tube and enter Alfred Hitchcok pres...Just go to You Tube and enter Alfred Hitchcok presents, Mail Order Prophet episode.arniehttps://www.blogger.com/profile/17597016551120682781noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-40560675546677081032013-09-05T09:04:44.159-07:002013-09-05T09:04:44.159-07:00DUST trying to get some mo-jo going.
Miners held ...DUST trying to get some mo-jo going.<br /><br />Miners held up yesterday, they totally collapsed today.<br /><br />Oh well, back to the drawing board.<br /><br />Facebook is hitting all time highs today and Tesla is over $170 after trading at $40 just 5 months ago, so some fund manager is still hitting it out of the park.<br /><br />Only a matter of time before Syria is forgotten, retail and consumer stocks start winding up to hit new record highs again, and GDX/GLD ratio crashes back to the world record lows set back in late June.<br /><br />Never a dull moment in the casino.Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-33728541857197432122013-09-05T08:07:46.633-07:002013-09-05T08:07:46.633-07:00Arnie: U R a thoughtful guy. Can u pl send the lin...Arnie: U R a thoughtful guy. Can u pl send the link to the Hitchcock episode.<br />I hope it is not the bathroom scene in PSYCHO.<br />By the way I am glad I loaded up on ZSL in mid 60'sWolfWisdomhttps://www.blogger.com/profile/01035527970541910596noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-18723207216543209242013-09-05T04:31:13.789-07:002013-09-05T04:31:13.789-07:00I put this on my Facebook page as well, because I&...I put this on my Facebook page as well, because I'm so fed up with the continuous BS from MSM from the usual warmonger suspects that I felt a little counter balance was necessary.<br />If Internet is the last free media we have, and if the only thing you can do is try and go viral with some of your convictions, then should you remain silent?<br />I agree with George here. Thank you George, hope you get viral.<br /><br />http://www.youtube.com/watch?v=Rt32GP1FG00<br /><br />Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-34851292768894657742013-09-04T23:31:03.578-07:002013-09-04T23:31:03.578-07:00Warning... :)
SILVER : I don't like at all th...Warning... :)<br /><br />SILVER : I don't like at all the last candle formation on silver, i.e the last 5 candles, that you can see on a 2days candle chart, with a resistance at 24.50 and one failed attempt to break it up. It reminds me nasty configurations when I was trading for fun on other markets some years ago. I expect a real reversal and DIVE here if we break Under 23.40.<br />http://s7.postimg.org/b24q89a4b/slv.jpg<br /><br />I'm very careful with silver (actually I turned a bit short, aiming at 22.50 but hsssh, don't tell the bulls)<br /><br /> Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-58114202166475867032013-09-04T23:13:17.097-07:002013-09-04T23:13:17.097-07:00Regarding TA related resources, blogs and subscrip...Regarding TA related resources, blogs and subscription letters, I think one should always check by himself all the history of work related to every individual offering his services, especially when there is a "modest" fee to pay, and make careful decisions before subscribing to expensive subscription letters by deeply checking the history, whoever recommended this analyst in the first place.<br />Question everything. Make up your mind by yourself.<br />Improve your TA skills on your own.<br />Don't ever become dependant on one "guru" who pretends he is the god of trading to justify his expensive fees.Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-88260302397893053112013-09-04T22:44:21.808-07:002013-09-04T22:44:21.808-07:00the resurgence in economic activity?
ok, if you sa...the resurgence in economic activity?<br />ok, if you say so...<br /><br />We are still in the upwards pitchfork, but its mlh inf is once more Under pressure. Even if I don't trade because those supports and résistances are too close from each other for now, I'm happy to see that they seem relevant, as they initiate the short term reversals that I'm witnessing.<br />- break of blue channel support led us immediately towards support of grey pitchfork, which held.<br />- we then bounced back towards the ex support of the blue channel, acting as a resistance.<br />- and...back again right to the support of the pitchfork.<br /><br />So, it's ping pong time and if mlh inf breaks, I see the next support zone at 1345-1355 area.<br /><br />I think if we go there, I'll buy back in order to play a limited short term bounce.<br />Have a nice day allAnonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-71907871691287115352013-09-04T08:23:23.337-07:002013-09-04T08:23:23.337-07:00Looks like the fabled "v-shaped, 2nd half rec...Looks like the fabled "v-shaped, 2nd half recovery" has started.<br /><br />Now we can get this economic boom going, I'm sure it will be one of the biggest in history after years of stagnation.<br /><br />Mining stocks are holding up, I'm sure that the resurgence in economic activity will definitely help the price of industrial and precious metals at the same time.Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-32235360610202478402013-09-04T06:54:34.009-07:002013-09-04T06:54:34.009-07:00There is a great Alfred Hitchcock episode, that ca...There is a great Alfred Hitchcock episode, that can be found on you tube. Mail order prophet. Watch it before posting any opinions.arniehttps://www.blogger.com/profile/17597016551120682781noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-44853901673032716082013-09-04T06:51:47.007-07:002013-09-04T06:51:47.007-07:00feels like the killer Labor Day Top has shown up o...feels like the killer Labor Day Top has shown up once again for the pm's and our 2 month rally needs a rest; swb in sparksAnonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-19690505733316287062013-09-04T06:03:40.491-07:002013-09-04T06:03:40.491-07:00Yesterday's ( Tue) sharp up move in Ag ( not r...Yesterday's ( Tue) sharp up move in Ag ( not resoundingly confirmed by Gold), based on media hype about a coming WW GDP and Industrial turnaround, was in my humble opinion ( wise or stupid , the jury is out) a trap laid by the bears to suck in unwary. I feel strongly that a big drop in Silver prices is in store for Sep/Oct period. DSI numbers confirm the opposite of what they did in June/July timeframe.WolfWisdomhttps://www.blogger.com/profile/01035527970541910596noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-22582161926423352272013-09-03T22:37:59.254-07:002013-09-03T22:37:59.254-07:00sure steve, ok.
TA today : not much to say or do....sure steve, ok.<br /><br />TA today : not much to say or do...I didn't short stop Under the blue channel because there was the pitchfork's channel just Under it and that's what happened, we bounced on it and did now a nice pullback towards the previous blue support.<br />ma20 is going up, we are still in the upwards pitchfork, so prices may keep following the blue channel up, or they could re-test the pitchfork's support.<br />I don't have any clue at the moment and the supports are too close from each other to give me enough space to try to trade in my time units, so I'm just doing nothing.<br /><br />http://s14.postimg.org/rb7qm3jjl/gld.jpgAnonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-70536540752141180812013-09-03T21:43:35.225-07:002013-09-03T21:43:35.225-07:00Hubert, I wish you good luck in your pursuit of a ...Hubert, I wish you good luck in your pursuit of a new job. I was recently hired by a large energy company (at age 56!) after dropping out of the work force for 7 months. My skill set and work experience matched perfectly with the position offered, I did not have to relocate and, best of all, I did not have to dip into my golden savings account when to do so would have meant selling during this summer's dismally low prices. Nor did I have to start a bloody blog! I did put a great deal of my energy into what I refer to as conscious intention, or what others might call prayer or meditation. I'm quite sure that timing and good fortune were also involved, but I digress. What I really want to say is I believe that your mindset, spirit and humanity, which you have graciously shared with us here on Dan's blog, will surely make you an asset to someone who needs help doing good work somewhere in this world and I sincerely wish you all the best. IMO, you have earned it!Gilhttps://www.blogger.com/profile/16780909602588070681noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-88205609584360266472013-09-03T21:14:15.424-07:002013-09-03T21:14:15.424-07:00Hubert; I e mailed Sinclair and he responded, but ...Hubert; I e mailed Sinclair and he responded, but sadly in an unclear fashion as regards the 5000 contracts; as far as I am concerned the case is closed; swb in sparksAnonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-36345905013293835182013-09-03T20:23:21.850-07:002013-09-03T20:23:21.850-07:00Regarding Jim Sinclair, because I'm not his fr...Regarding Jim Sinclair, because I'm not his friend and I think I can mention a few things freely and with a neutral stance, I'd like to express my personal opinion.<br />For starters, I would separate his website and content from his individual person and character.<br /><br />- if we are talking about his website, talking about "lying" brings the question about the reliability / relevance of the information you can find there. On this level, I really don't see why Jim would lie about some information out there. His entire work is dedicated towards warning about the dangers around via links, sources, articles, and his personal opinion which one can discuss directly with him via email. So you can disagree, doubt, but I don't think you'll find "lies" on this website at all. Yet you have to understand that his blog is not a blog where you are going to see different points of views about gold going up or down, about economic situation improving or not : Sinclair seems to be a man of conviction, and he will use his blog, data, information to show you that he is right, not to endlessly debate about the alternative scenarios. It is an oriented website, showing the elements that tend to support his strong convictions. Don't go there to find the whole range of theories about possible potential end games because Sinclair already has a very definite idea of what it will look like and he won't use his time / blog to argue endlessly about it.<br /><br />Regarding the person itself, pointing at a "lie" doesn't seeem to make a lot of sense to me. First of all, as he is not here even to answer those comments about him, as Dan mentioned, he is available to answer one to one some doubts and questions about his honesty towards his "CIGAs". Second, I'm not a profiler, but what would be the point to do that and deceive followers? It doesn't seem to compute very well with a person who has freely dedicated a lot of time and energy trying to warn mere people about dangers around, whoever they are, and this via direct answers by emails.<br />Do you know a lot of CEOs who would do that with you??<br />I see an old article about Sinclair in this link, which you may want to read, and seems to show that the man is driven by ethics and spiritual standards that not many leaders I know would care about.<br /><br />http://www.globaldharma.org/Files%20-%20Adobe%20Acrobat/SBL/!OK%20James%20Sinclair%2019%20Apr%2002%20Final%20approved%2024Mar06.pdf<br /><br />How does it compute with deceiving those he is supposed to want to help?<br />My conclusion is that Sinclair is a dedicated person who sincerely wants to help his community without a hidden agenda in his sleeve.<br />One may find him too self confident and sure of his own views, not enough open to critics or discussions unless they come from experts he himself respects. But he is a man of convictions and he will not spend time with you discussing whether or not he is right. It's take it or leave it. If you consider him as a teacher and simply ask his opinion and analysis, he will provide it quite freely.<br />For that and all the time his endeavor represents, free of charge, in parallel to his other activities, I can only feel very respectful and thankful for the person, even if sometimes he can be wrong about calling a bottom. So what? Put a stop loss under it and you are safe. Follow his advice of being unleveraged and you are safe. Those the more angry with him are probably the greedy who didn't take this piece of advice and bought a boatload of gold at 1600 $ with huge leverage and didn't cover their position when prices continued to fall. <br />I think that most of his analysis and thoughts are very helpful and interesting to connnect the dots, see the whole picture, discover new sources of information. So on my side it's a big thanks for his work, just as for Dan's.<br /> Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-61382319062231223452013-09-03T20:20:47.377-07:002013-09-03T20:20:47.377-07:00Dan, Hubert, Mark, Jim, Concord; Looks like we hav...Dan, Hubert, Mark, Jim, Concord; Looks like we have to spin our wheels this week as far as the pm's go; sad that we have to resign ourselves to the leadership challenged Congress and morally bankrupt Executive branch; steve in sparksAnonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-69779904921056776282013-09-03T19:48:39.279-07:002013-09-03T19:48:39.279-07:00yes, most of other currencies have pbs too, and we...yes, most of other currencies have pbs too, and we are in a "currency war" (Jim Rickards), many people in many countries in the world see the USD as The safe haven at the moment, probably before gold because you can so easily exchange your local currency into dollars in any bank, exchange office, etc...call it a habit. That's what the russians did to save their purchasing power when the ruble was collapsing in the early 90s.<br />Plus gold is a narrow market, and you can see that it cannot "contain" all the flows of managed money (unless it is priced 50.000 $ an ounce? :)).<br /><br />Nevertheless I think that this position is being challenged by gold, and that India is interesting to follow about that. Of course, India's Relationship to gold is very specific. But maybe someday soon this preference for physical gold will extend way beyond India. It's a matter of trust in your currency. When trust is dying, you are talking about Indian rupee and gold now. Maybe someday the usdollar will follow the same fate? I think it will, because of the constant debasement from the Fed and US running short of foreign investors to buy TBonds, and also because the pressure on physical gold will reach a critical point sometime in the future (but when, is the question :)).<br /><br />It is easy to push prices down when paper prices dictate gold prices, but according to Sinclair,<br />the key as to when Comex goes to a cash market is when the price discovery mechanism moves from the Comex to the physical gold exchanges in Russia and Singapore.Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-14674026203694264742013-09-03T13:09:43.503-07:002013-09-03T13:09:43.503-07:00cant believe HUI is chilling round 255 despite gol...cant believe HUI is chilling round 255 despite gold touching the 1415 area...and all the PM shares i was looking at didnt go up above 4 percent..even NUGT managed about 5 percent at best...though i see a continuation pattern happening with HUI and soon it will break-out/down i think..i hope up...dno what it will take....<br /><br />p.s. - whats the difference between GDX and HUI: i never really got that...i watch HUI (cos Dan does lol)<br /><br />you can tell tomahawks will be fired and rebels backed with air power for regime change soon with the use of our elite irregulars CIA-SADs, SOFS, etcprecious woodhttps://www.blogger.com/profile/13762260606374686793noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-56217298725319141612013-09-03T12:25:59.908-07:002013-09-03T12:25:59.908-07:00The $ has plenty of problems, but unless you are o...The $ has plenty of problems, but unless you are operating in some kind of parallel universe, you should realize that it is up vs. 90% of the rest of the world's currencies and you never hear that from the perma pm bulls, who also, btw, try telling you that gold is in backwardation. Shame, shame; steve in sparksAnonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-63794517585229441772013-09-03T10:03:10.070-07:002013-09-03T10:03:10.070-07:00Hubert,
It does appear to be a ceiling at the 141...Hubert,<br /><br />It does appear to be a ceiling at the 1410 level you speak of. HUI, GDX, GDXJ, not reacting at all to rise back towards upward resistance. Usually spells a fall after it touches it. No momentum anywhere as of yet. I am getting the feeling that the bombs will go off, oil will flatline and the world continues to muddle towards nothingness.White Wolfhttps://www.blogger.com/profile/13965194184809848345noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-41790734421348205092013-09-03T09:19:03.441-07:002013-09-03T09:19:03.441-07:001410...I would sell a bit there if I had not done ...1410...I would sell a bit there if I had not done it before already :)<br />It is a pullback on the ex support (became resistance) of the upwards blue channel today.<br />So...if the downtrend continues, it could be after this pullback (classic).<br />hmm...so I'm watching 1410-1412 because it may reverse down at that level.Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-187802619950379322013-09-03T08:25:55.341-07:002013-09-03T08:25:55.341-07:00Hi Dan,
You're absolutely right. My apologies...Hi Dan,<br /><br />You're absolutely right. My apologies also as I too may have questioned his (Sinclair's) character on your blog. It is mainly in respect to his ..."the low is in" calls in not just written on his blog but also in personal email exchanges. I fell into the trap of believing that he knew something we all didnt about the specific turning dates of gold. This was my bad and I should take responsibility for being naive as oppose to expressing my disappointment with victim mentality. Learned from this experience so I should just let it go...<br /><br />Cheers, Dan! You are well respected! Anonymoushttps://www.blogger.com/profile/10366683894545649989noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-53701764158384678222013-09-03T06:37:30.655-07:002013-09-03T06:37:30.655-07:00Steve;
Before you publicly call my friend Jim a l...Steve;<br /><br />Before you publicly call my friend Jim a liar, you would be well served to ask him for an explanation.<br /><br />Look, in regards to the markets, JIm has had some good calls and he has had some bad calls. That just means he is human like anyone else.<br /><br />Pointing out bad calls is fine because anyone who publicly makes a call opens himself to criticism but please stop with the character assassination. It really serves no ones interests.Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-56403940628530039822013-09-03T06:21:25.453-07:002013-09-03T06:21:25.453-07:00Look, I'm not defending Sinclair and he is not...Look, I'm not defending Sinclair and he is not my guru lol :), but everyone has the right for a lawyer or to defend himself, so are you sure he did, and did you ask him some clarification? It's the minimum before calling publicly somebody a liar, and it has nothing with Sinclair or not Sinclair.<br /><br />Plus, does it really matter? jsm is still sharing info, thoughts, data which I find interesting, mostly links towards other news or personal points of views of Sinclair. So it doesn't influence the relevance or not of that material anyway.Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-68210813781182073812013-09-03T03:51:03.248-07:002013-09-03T03:51:03.248-07:00We all don't like liars...
Good that we found...We all don't like liars...<br /><br />Good that we found, Dan!Anonymoushttps://www.blogger.com/profile/10366683894545649989noreply@blogger.com