tag:blogger.com,1999:blog-1708908742323002823.post2355631123257347655..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: HUI notesTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1708908742323002823.post-38631067013714166382012-01-27T12:34:16.758-08:002012-01-27T12:34:16.758-08:00Hi Dan. It "feels" like short covering t...Hi Dan. It "feels" like short covering to me. I've been using your T/A as a guide for my trading decidions. I jumped into some CDE and SLW, but jumped back out because I simply don't have faith in the miners, other than on technicals. <br /><br />As of trading right now, Silver seems to have hit a brick wall at 33.90. Looks like gold will outperform next few days and play catch up would be my guess, unless the DXY shits the bed completely. I'm out of both for the weekend, because they seem setup for some short term consolidation should some bullish dollar news come out over the weekend.willydoghttps://www.blogger.com/profile/16716849781430555079noreply@blogger.comtag:blogger.com,1999:blog-1708908742323002823.post-69129555181634332942012-01-27T12:08:14.312-08:002012-01-27T12:08:14.312-08:00Thank you Dan,
Very good work!
If keeping people&#...Thank you Dan,<br />Very good work!<br />If keeping people's money away from gold stocks is the game, your charts show that gold stocks do have good value versus the SP 500 at these levels. The fly in the ointment comes with the feeling that the SP500 is topping out - stimulus or not. A never-ending shell game, and nightmare for asset managers. <br />It was not so long ago that it looked like the DXY might build on its momentum - give Jim Sinclair a high five for his savvy from me.Tomhttps://www.blogger.com/profile/14701125794767347203noreply@blogger.com