tag:blogger.com,1999:blog-1708908742323002823.post7514228338939209957..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: Merry ChristmasTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger56125tag:blogger.com,1999:blog-1708908742323002823.post-74281451345517528142013-12-31T07:37:36.409-08:002013-12-31T07:37:36.409-08:00Very true Jasper.
You can really trust no one.
I d...Very true Jasper.<br />You can really trust no one.<br />I do not know how someone can do what he has done and still sleep at night.<br />I wonder if he would do that to a dog?Anonymoushttps://www.blogger.com/profile/12484142363488637120noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-78785808639541594502013-12-30T13:17:13.347-08:002013-12-30T13:17:13.347-08:00In my mind how its done and who is hurt matters a ...In my mind how its done and who is hurt matters a lot. I was at the london q & a and saw jim being hugged by widosw and orphans that literraly stated they consider him the father they never had. Jim was telling his company will produce this year on multiple site at a cost of 250 to 350 dollar. There are limits to whats acceptable in my mind and jim has crossed them.Jasperhttps://www.blogger.com/profile/03831704112998990130noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-51544897385934098792013-12-30T12:51:00.409-08:002013-12-30T12:51:00.409-08:00Now that Dec settlements are out of the way, gold ...Now that Dec settlements are out of the way, gold will be pulled down to the next bearish wedge level for February settlement.Eph 6:7https://www.blogger.com/profile/12432153510281295793noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-63562342943762017612013-12-30T12:48:33.320-08:002013-12-30T12:48:33.320-08:00why do we over analyze this? I have a standing ord...why do we over analyze this? I have a standing order to cover all my shorts at 1,000. We have less than 200 to go now. The damage is done. I shorted straight down from the 1,632 bearish wedge failure in February. We are 70% to my goal, and I still have all my gold. <br /><br />I cannot emphasize this enough. NEVER again own any miners. they will be coerced into hedging, with the globalists taking the other side. The miners are becoming zombies for the globalists to manage gold forever. It is so simple to see. I guess there are few out there than can understand this.<br /><br />Own physical gold! Gold eagles for Americans. there is no paperwork at the gold dealers for American bullion.Eph 6:7https://www.blogger.com/profile/12432153510281295793noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-52859897812759830642013-12-30T12:36:55.851-08:002013-12-30T12:36:55.851-08:00GLD and GDX plummeting into the closing bell.
Wow...GLD and GDX plummeting into the closing bell.<br /><br />Wow, complete chaos and destruction in 2013.<br /><br />Commodities of all stripes getting hammered today.<br /><br />No wonder XLY is less than 15 cents away from all-time, world record, closing highs today.<br /><br />XRT less than $1 from another record, thanks to Macy's.<br /><br />Unreal.Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-60281014575375953472013-12-30T12:25:41.341-08:002013-12-30T12:25:41.341-08:00P.S : not possible to post realtime about my posit...P.S : not possible to post realtime about my positions, simply put I'm trying to go short when we reach the ma20 / ema15 daily, then when / if prices drop back enough towards the 1190 area, I quickly put my stop loss at or under my sell order so that I suffer no loss in the case of a bounce.<br />Have a nice day,Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-33329870099142837332013-12-30T12:15:03.126-08:002013-12-30T12:15:03.126-08:00One last day before month end / year end and it th...One last day before month end / year end and it the more we'll be below 1220, the more it will stink for the beginning of next year imho :(<br />Not to mention that the ma20 is one more time resistance.<br />Really nothing positive...<br />Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-37167386548699804392013-12-30T11:43:21.528-08:002013-12-30T11:43:21.528-08:00Jasper
How true…so much for the "I want to h...Jasper<br /><br />How true…so much for the "I want to help people survive what is coming" nonsense.<br />It's always about making money and it matters not how you do it or who you hurt.Anonymoushttps://www.blogger.com/profile/12484142363488637120noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-46221972735840992652013-12-30T08:22:27.241-08:002013-12-30T08:22:27.241-08:00I think you are right. But the news that they woul...I think you are right. But the news that they would not handle well is, that the US doesn't have the gold.arniehttps://www.blogger.com/profile/17597016551120682781noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-33595597964975719352013-12-30T07:38:08.392-08:002013-12-30T07:38:08.392-08:00Arnie,
The question is, is why is German accepting...Arnie,<br />The question is, is why is German accepting of the very inadequate response to their request. And why is the press not questioning it? I think Germany may have been told the markets would not handle the news well.Concordhttps://www.blogger.com/profile/05015491360293136821noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-77005392557195849042013-12-30T07:16:25.206-08:002013-12-30T07:16:25.206-08:00Which is going down faster?
Gold mining stocks or...Which is going down faster?<br /><br />Gold mining stocks or the Japanese Yen?<br /><br />Tough call.<br /><br />Wow, XAU now down 54% this year.<br /><br />Tan Range all the way down to $1.75, McEwen mining under $2.00<br /><br />That's what I call a "Terrifying Collapse", LOL.....Markhttps://www.blogger.com/profile/13068811838777958318noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-30743421615609873732013-12-30T05:26:56.175-08:002013-12-30T05:26:56.175-08:00The greatest post in the financial realm I've ...The greatest post in the financial realm I've ever read. Glad to see you know the King, Dan. He said, "I counsel you to buy from Me gold refined in the fire, that you may be rich." Blessed are those who do.Robert Brownhttps://www.blogger.com/profile/11746887991306295292noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-67829981562955485492013-12-30T01:26:44.525-08:002013-12-30T01:26:44.525-08:00Jim has stated that nothing can be manipilated aga...Jim has stated that nothing can be manipilated against the trend for long. When jim is complaining about manipulators he is refusing to tell what he clearly must know namely that the trend is down. Same.time.he is advising people to buy gold at 1650 1500 all the way down to 1200 after he sold 3.5 million shares in his own company on the way up. Jim taught me to do my own due diligence.Jasperhttps://www.blogger.com/profile/03831704112998990130noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-38359107954522531932013-12-29T18:59:03.357-08:002013-12-29T18:59:03.357-08:00The Germany gold stuff is coming up again. Here is...The Germany gold stuff is coming up again. Here is what I don't understand. The US had to give Germany 700 tons of gold. It doesn't have to be the same gold as was given. It just needs to be 700 tons. So why doesn't the US sell 700 tons here and at the same time buy 700 tons in Germany and the deal is done. The only sensible explanation is that the US doesn't have the gold.arniehttps://www.blogger.com/profile/17597016551120682781noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-79397084636264356132013-12-29T16:00:29.754-08:002013-12-29T16:00:29.754-08:00New Unit;
No, I do not think Market Makers are ma...New Unit;<br /><br />No, I do not think Market Makers are market manipulaters. They provide liquidity by taking the other side of trades and hoping to make profits from small moves. They just try to pick up a lot of nickels along the way rather than going for the big move. Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-15328869888087705582013-12-29T15:59:25.110-08:002013-12-29T15:59:25.110-08:00Hubert;
Guys can have all sorts of fancy titles s...Hubert;<br /><br />Guys can have all sorts of fancy titles such as Roberts does and still not have a clue as to how markets function. they run on perception, not reality. When perceptions change and with those, sentiment, then the price turns.Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-51920372820555096202013-12-29T15:57:59.646-08:002013-12-29T15:57:59.646-08:00Dean Baturine;
I think Concord has summed things ...Dean Baturine;<br /><br />I think Concord has summed things up well.... I do not dispute that the gold price is closely watched by the Fed and that they become increasingly nervous/fretful when the price is rising too rapidly as the Dollar sinks lower. That is when they take steps to intervene in the market place through the bullion banks and work to keep the rise as much contained as possible. They cannot reverse the rise higher but try to slow it down.<br /><br />However, I think it is important to note that if the gold price is currently being manipulated as some claim ( it is not) then the price of nearly every other commodity out there must also be subject to manipulation because they were all going down also. The idea is silly on the surface. <br /><br />What happened is very simple but some are refusing to accept it: the QE programs did not produce the kind of inflationary pressures that so many of us initially believed it would.<br /><br />Now that stocks are rising and inflation seems tame, money flow are heading into equities and leaving gold.<br /><br />When that reverses is anyone's guess but until the money flows return to gold in a positive direction, it is going to struggle.Trader Danhttps://www.blogger.com/profile/05484363461047659198noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-19711050610770216562013-12-29T10:01:58.402-08:002013-12-29T10:01:58.402-08:00Jesus is Lord which will become increasingly known...Jesus is Lord which will become increasingly known as the future unfolds.Anonymoushttps://www.blogger.com/profile/02928336477365474942noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-43857373448165570572013-12-29T09:02:53.789-08:002013-12-29T09:02:53.789-08:00Hey Dan,
I wrote a technical analysis report on t...Hey Dan,<br /><br />I wrote a technical analysis report on the Russian ruble, and it includes analysis of some commodities like crude (briefly mentions covers some others). I wanted to get your opinion on the analysis. I posted it here. Nice blog by the way:<br /><br />http://seekingalpha.com/user/794933/instablogJChttps://www.blogger.com/profile/13203131502045851982noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-59891926043931829232013-12-29T08:49:27.617-08:002013-12-29T08:49:27.617-08:00Trader Dan:
Are Market Makers literally market ma...Trader Dan:<br /><br />Are Market Makers literally market manipulators? The News UNIThttps://www.blogger.com/profile/02597408419488351139noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-54576788595086755502013-12-29T08:46:16.824-08:002013-12-29T08:46:16.824-08:00Hubert: I'm all ears. I'd like to hear m...Hubert: I'm all ears. I'd like to hear more about Europe. For those of us unaware please keep us advised. I'm not well acquainted with Europe as you are since I live here in the U.S.A. <br /><br />And if someone is in here from China I wonder if they can show us who's buying all this gold. <br /><br />All the rest of the fluff that gets reported in the news is just fluff. The News UNIThttps://www.blogger.com/profile/02597408419488351139noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-16104004954003162472013-12-28T21:38:53.716-08:002013-12-28T21:38:53.716-08:00News Unit, we are ihaving a major recession inside...News Unit, we are ihaving a major recession inside Europe, especially of course southern Europe. <br />From the charts I see regarding USA (US debt, food stamps, mortgage applications, real unemployment i.e shadowstats), I think you are pretty much in the same situation.<br /><br />As for the allaged bubble which just started to inflate, watch in the quarterly or yearly charts where are the Bollinger Bands and prices and tell me again you are sure it has a long way to go :)Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-9178388694080762012013-12-28T18:41:08.085-08:002013-12-28T18:41:08.085-08:00Dean,
I think MM is really something that is being...Dean,<br />I think MM is really something that is being interpreted differently by Sinclair and others. The back of gold was broken and has not come back. Something did happen in April and I think it most certainly involved was some of the big banks. Since that time the MM theories have gotten silly though. Gold is not responding because the stock market took all it buyers. It hasn't come back and the jury is out when it will because disaster is just not surfacing although America is not thriving in any real way. It will come and when it does as Dan says gold will rise as I know you know. Concordhttps://www.blogger.com/profile/05015491360293136821noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-9300552826291532172013-12-28T14:58:15.036-08:002013-12-28T14:58:15.036-08:00Thanks Dan,
Very useful answer, because we really...Thanks Dan,<br /><br />Very useful answer, because we really have the two points of view and the reason of what's going wrong with Robert's claims.<br /><br />One shouldn't get too much impressed by titles, I guess.<br />I really came to note that traders probably are somehow the most neutral and objective analysts about price action because they simply can't afford the luxury to be wrong a long time or they'd go bankrupt. But I must admit I'm surprised to see people with such a background acting without the simple realization of market behavior. I come to realize that only a few people actually achieve to remain fully objective about what's happening now, with many people I wouldn't have thought possible to make a blunder.<br /><br />By the way, when you say :<br />"Sentiment is what moves markets - not the actual realities but rather how traders/investors PERCEIVE things. When perception changes, then price changes.", <br /><br />You completely remind me a recent quote of Jesse Livermore :<br />"Doesn't matter as much whether sentiment bearish or bullish; what matters is whether it's going to stay that way" :)<br /><br />Have a blessed weekend,Anonymoushttps://www.blogger.com/profile/00335835171576180359noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-22499785337828848532013-12-28T13:17:27.616-08:002013-12-28T13:17:27.616-08:00Dan
Why does JS still insist on MM?
Has he become...Dan<br /><br />Why does JS still insist on MM?<br />Has he become delusional ?<br /><br />Anonymoushttps://www.blogger.com/profile/12484142363488637120noreply@blogger.com