tag:blogger.com,1999:blog-1708908742323002823.post5454523226881554149..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: Gold Losing Ground in Other Assorted CurrenciesTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger143125tag:blogger.com,1999:blog-1708908742323002823.post-72075287912263938502014-09-21T18:47:05.505-07:002014-09-21T18:47:05.505-07:00TIMBER!TIMBER!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-21331356351759595982014-09-20T20:48:44.403-07:002014-09-20T20:48:44.403-07:00Don't misquote to further your own perceptions...Don't misquote to further your own perceptions, it very misleading or 'maybe' work on your comprehension skills. <br /><br />Semantics is the proper term, could mean: connotation, definition, denotation, explication, exposition, interpretation (and others).<br /><br />I see a gap fill coming on the long term gold chart but so what? Need capitulation to find a bottom.anonymoushttps://www.blogger.com/profile/13458537409932488443noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-20630402231068041852014-09-20T09:02:46.191-07:002014-09-20T09:02:46.191-07:00PMs will go down until more $ are buying than sell...PMs will go down until more $ are buying than selling. <br />Stocks will go up as long as more $ are buying than selling. <br /><br />Are the other terms are just ways of defining why, maybe. Mike Ehlerthttps://www.blogger.com/profile/03796788820435662856noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-28688275003536057582014-09-20T02:20:59.004-07:002014-09-20T02:20:59.004-07:00This is not a correction its a cyclical 3 year and...This is not a correction its a cyclical 3 year and counting bearmarket.<br /><br />Whether we are still in a secular bullmarket remains to be seen.<br /><br />The lamest argument I heard from you defending your ignorance is call8ng it "just semantics".<br /><br />Finally, why are all the gold bugs such unpleasant people, rather then showing some humility you guys invariably resort to disrespectfull and insulting language.<br /><br /><br />Jasperhttps://www.blogger.com/profile/03831704112998990130noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-63972689712113275122014-09-20T01:42:12.615-07:002014-09-20T01:42:12.615-07:00Sure the trend is down but doesn't make it a b...Sure the trend is down but doesn't make it a bear market in the long term. What do you say if gold soon falls below $600? The bear market is over? Not much room in a real bear market since it is bouncing along the bottom, for years. <br /><br />I'm talking about attaining new all time highs after this gold spot correction is over. So far the chart still says it is entirely possible.<br /><br />The lamest argument I heard from you lately about the S&P or the DOW. You know damn well they reweight for the allusion of investing for the long term. With China's IPOs, 1.3 billion people can't be wrong, can only go up. Out with the bad and in with the good weightings. GE is the only remaining original stock listing on the DOW and GE has morphed into a Japanese company.<br /><br />Maybe it is all semantics: bear, bull, trends, corrections....anonymoushttps://www.blogger.com/profile/13458537409932488443noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-18180492573087919722014-09-19T17:58:39.003-07:002014-09-19T17:58:39.003-07:00anonymous;
Any person the least bit skilled or pr...anonymous;<br /><br />Any person the least bit skilled or proficient in technical analysis knows and understands that ANY MARKET that falls more than 20% off its peak price is considered to be in a bear market, especially if the trending indicators are indicating it is trending lower.<br /><br />That is not open to dispute. <br /><br />Here is a news flash for you - if the S&P 500 were to fall below 1600, every analyst out there who has the least bit of knowledge or understanding of TA will call it a bear market. <br /><br />What NEW HIGH are you even talking about? You and I are not looking at the same chart. The metal peaked above $1900 and has collapsed into bear market territory without making a new high anywhere once it broke $1535 and it is now threatening to break out of the bottom of a range on the intermediate chart.<br /><br />Good grief - please don't tell me you are another one of these whacky gold perma bulls, and a member of the gold cult.<br /><br />At this point, you people can believe whatever the hell you want to if it makes you feel better. How very sad and utterly tragic. <br /><br />Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-81085175085869300092014-09-19T17:51:32.956-07:002014-09-19T17:51:32.956-07:00TD, did you make that 20% percentage up to satisfy...TD, did you make that 20% percentage up to satisfy your charting? Cause it doesn't follow fibs from a long term starting point.<br /><br />Until gold takes out its launch point, it is in a severe correction at best and that gap cannot be ignored esp. as the chart now wants to approach it. Bear markets don't bounce to new highs when a correction has finished. Prices fall through the floor and meander for decades during bear markets. We will soon see within 6 months is my guess.anonymoushttps://www.blogger.com/profile/13458537409932488443noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-85493398883340314192014-09-19T16:31:44.369-07:002014-09-19T16:31:44.369-07:00I hear ya' on that.
You've been at it for ...I hear ya' on that.<br />You've been at it for awhile and have experienced more of the up's and downs and the PM "experts" then I have.<br /><br />(btw...nice subaru ;-) DarkPurpleHazehttps://www.blogger.com/profile/06725074790604681185noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-30111875513250628922014-09-19T16:10:21.250-07:002014-09-19T16:10:21.250-07:00anonymous;
Technically gold IS in a bear market. ...anonymous;<br /><br />Technically gold IS in a bear market. the definition of a bear market is a fall in price more than 20% from the peak.<br /><br />Do the math.<br /><br />Gold has been in a bear market ever since it fell below key chart support at $1530-$1525. Arguing with a trend never makes one the least bit of money.<br /><br />Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-21336039511501365962014-09-19T14:56:28.291-07:002014-09-19T14:56:28.291-07:00Technically gold is not in a bear market. This bul...Technically gold is not in a bear market. This bull run will probably last the same time frame a real bear market lasted before this run started back around year 2000. Like the world's longest bull run in gold is occurring but with this correction that is not all that surprising when there a gap to fill around $1,000 with maybe an overshoot down lasting a couple of months.<br /><br />I don't remember the static low in gold to break to technically declare a bear market and the bull over but is in the $600s, the dynamic rising bottom trend line on the long term gold chart being broken would only be a warning that $600 could fall. <br /><br />Spot gold final low of $900 or so would be a buy signal but I prefer silver this next trip up. And gold should take a dump as there are to many other areas to make money for the short term so people will exit gold creating the final low. Later on, the paper currencies will succumb to a loss of confidence as debt loads can no longer be manipulated and defaults start in earnest or causing worse events.anonymoushttps://www.blogger.com/profile/13458537409932488443noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-29596407461898237282014-09-19T13:34:53.141-07:002014-09-19T13:34:53.141-07:00Totally AgreedTotally AgreedAnonymoushttps://www.blogger.com/profile/13633775531662488818noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-45964515322010059852014-09-19T10:40:33.346-07:002014-09-19T10:40:33.346-07:00Dan has a new post up...Dan has a new post up...Bobhttps://www.blogger.com/profile/11549367655220089014noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-22253444565294605362014-09-19T10:35:58.362-07:002014-09-19T10:35:58.362-07:00M : "When does a guy get in ? There is only o...M : "When does a guy get in ? There is only one financial asset that is underpriced on all levels right now. It's gold. I want to ride the future bull market"<br /><br />I think what you are riding right now is a bear market. Interesting, wanting to buy a bear market for sure, in order to maybe be in the next bull market. Hmm...I guess you did that at 1900 $ as well, then? And this could be the beginning of a new major leg down for gold if 1180 doesn't hold, and I'm afraid there is a real possibility it doesn't. Then you'll for sure ride a nice strong BEAR market. I don't know about anything else. Suit yourself. It's really sad to see someone self destruct as you do.<br />Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-67326580249586075112014-09-19T10:34:50.538-07:002014-09-19T10:34:50.538-07:00Lan:
Reappraisal of the "fundamentals"...Lan: <br /><br />Reappraisal of the "fundamentals" is not possible, because they are too intertwined with fear, greed, bias, politics, and ego. This is why "fundamentals" are not to be trusted, and certainly not something to bet the farm on.<br /><br />DPH: 2-3 years? How about 40+ years? Talk about a "Grand Illusion". I was sucked in myself for quite a long time. But I woke up. Not saying it was easy, but Losing Money is a powerful persuader. Eventually. (insert image of two by four to the head here)Eric Originalhttps://www.blogger.com/profile/09663512536878956249noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-58121264199179665082014-09-19T10:00:28.731-07:002014-09-19T10:00:28.731-07:00For M, the stackers, and pm bloggers, I can only s...For M, the stackers, and pm bloggers, I can only say this: Didn't your parents tell you that you can't polish a turd?Anonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-49686642144210915152014-09-19T09:47:16.481-07:002014-09-19T09:47:16.481-07:00What we are seeing is so heartbreaking for the pm ...What we are seeing is so heartbreaking for the pm longs. I only have a full passive hedge, because I keep waiting for a bounce. It just never comes. Today officially begins the.final capitulation phase down to 1000. Wow....Eph 6:7https://www.blogger.com/profile/12432153510281295793noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-77662637541291678082014-09-19T09:38:57.141-07:002014-09-19T09:38:57.141-07:00your Highness, you are funny!your Highness, you are funny!Anonymoushttps://www.blogger.com/profile/15820220635483947518noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-56525640903406693772014-09-19T09:31:31.505-07:002014-09-19T09:31:31.505-07:00"something has tipped this market over the ed..."something has tipped this market over the edge, and I can't see the bottom right now"<br />Maybe a perspective of a crash of the European economy? (slow down of Germany, affected by sanctions, Poland with shut off gas this winter, escalation of sanctions as a trend, winter coming, France downgraded again, and unable to respect its commitments in terms of deficit, Scotland referendum showing how split the population is, etc...).Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-78952628336626637832014-09-19T09:28:24.077-07:002014-09-19T09:28:24.077-07:00P.S : as you see, Copper's MACD is STILL above...P.S : as you see, Copper's MACD is STILL above its propagation axis. But may break it down as well, which could confirm a move through 305.5 area. Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-20396003093619506552014-09-19T09:24:32.643-07:002014-09-19T09:24:32.643-07:003 year descending triangle in Copper coming to con...3 year descending triangle in Copper coming to conclusion...Bobhttps://www.blogger.com/profile/11549367655220089014noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-80535716261863669262014-09-19T09:19:20.632-07:002014-09-19T09:19:20.632-07:00target gold 1190 not 1290 of course.target gold 1190 not 1290 of course.Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-74176288033677810512014-09-19T09:17:45.616-07:002014-09-19T09:17:45.616-07:00EVERYTHING CATASTROPHIC that King World News predi...EVERYTHING CATASTROPHIC that King World News predicted over the last 12 months is now happening and even accelerating.<br /><br />In the gold and silver mining sector.Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-32896859854547160712014-09-19T09:15:47.473-07:002014-09-19T09:15:47.473-07:00GOLD.
My target on the downside for gold starts fr...GOLD.<br />My target on the downside for gold starts from 1290.<br />MACD is not crossing upwards, and broke its propagation axis recently (bearish).<br />Chart : <br />http://i58.tinypic.com/23lgjrb.jpg<br /><br /><br />COPPER.<br />What happened to Silver and Gold may soon happen to Copper if its inf bollinger band gives way. The strong area to watch is imho 305.50 for copper. It meets bollinger band, but also median of the Andrew's pitchfork which gave perfect bouncing points up to now (and its mhl sup perfect selling points as well). If it gives way, I can only see tha the mlh inf of the pitchfork will cross the lows of copper near 290 very soon. Watch out.<br /><br />Chart : <br />http://i59.tinypic.com/el5dnd.jpgAnonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-64156985538362840532014-09-19T09:12:22.646-07:002014-09-19T09:12:22.646-07:00Good luck finding some humility out there.
The mor...Good luck finding some humility out there.<br />The more delusional one's are doubling down and blaming cartel monkeys etc and in full "I told you so" mode.<br /><br />Welcome To The Grand Delusion.DarkPurpleHazehttps://www.blogger.com/profile/06725074790604681185noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-80926845138574459362014-09-19T09:04:33.886-07:002014-09-19T09:04:33.886-07:00Zhang Lan, I have a slightly different take, that ...Zhang Lan, I have a slightly different take, that is, "the memes justify the ends." Gold & silver are falling because they are falling & fundamentals such as geopolitics won't affect price. That meme is dead--the meme that is alive now is Central Bank Omnipotence. One day in the future (after the current crop of hucksters is dead (40 year vets must be in their late 60s to mid 70s) or forgotten, gold will be in a bull market again and there will be a rationale that describes the uptrend events rather than predicting it. MDLGTOhttps://www.blogger.com/profile/06636563285000423292noreply@blogger.com