Quantcast
Official Short-term Investments Thread - Page 1633 - Beyond.ca - Car Forums
Page 1633 of 1681 FirstFirst ... 1623 1632 1633 1634 1643 ... LastLast
Results 32,641 to 32,660 of 33607

Thread: Official Short-term Investments Thread

  1. #32641
    Join Date
    Nov 2002
    Location
    Mr. Forex technical
    My Ride
    a tank
    Posts
    1,848
    Rep Power
    18

    Default

    gold

    my current bullish count if the consolidation yesterday in that declining channel is a wave 2, gold could be spotting a sub ii of iii of iii, alt count will just be 5 waves up to 1350 and correction to back test the 1340 area. (1341 has always been my prefer neckline breakout) testing this area may also make sense if it wants to shoot higher.

    _________
    2016 IS300 AWD
    2011 Venza V6 AWD
    2009 STI AWD
    2004 TSX
    2002 WRX
    2000 Celica GT

  2. #32642
    Join Date
    Nov 2002
    Location
    Mr. Forex technical
    My Ride
    a tank
    Posts
    1,848
    Rep Power
    18

    Default

    Quote Originally Posted by SilverRex View Post
    This quote is hidden because you are ignoring this member. Show Quote
    US dollar

    so dollar has finally broken down from the rising wedge. it did not even get to tag the upper range of the wedge (91.3+) which would have forced gold to test under 1300. anyhow assuming all things go well, we have a back test of the broken neckline, and it should begin the next decline with a chance to make a new low or at least a double bottom in the low 88s. the h&s pattern breakout to the downside also projects into the same level.

    dollar is at 89.13, looks like the backtest was successful. There should not be anything stopping its drop to a double bottom or lower low unless there are any intervention. would like to see gold give us that recognition wave 3 of 3 breakout.
    _________
    2016 IS300 AWD
    2011 Venza V6 AWD
    2009 STI AWD
    2004 TSX
    2002 WRX
    2000 Celica GT

  3. #32643
    Join Date
    Nov 2002
    Location
    Mr. Forex technical
    My Ride
    a tank
    Posts
    1,848
    Rep Power
    18

    Default

    dollar

    right now gold appears to be correcting after the run from 1307 to 1357 about. However the fate of gold and the PM complex hinges on the dollar's ability to make a new low. while I am still favoring the count for a 5th wave down under 88, the dollar so far has a perfect A=C setup, and it needs to fall from here. if for what ever reason it begins to push higher, I will begin to question if dollar's intermediate rally which could last for months is beginning. This will not go well for gold and miners considering miners continues to disappoint and this recent rally has been very lack luster at best. while I am back to about break even on my jnug I will be watching gdx at 21.16 closely, if this breaks I may just pack it in and exit, and wait a couple of weeks to see if a collapse in metals is coming.

    _________
    2016 IS300 AWD
    2011 Venza V6 AWD
    2009 STI AWD
    2004 TSX
    2002 WRX
    2000 Celica GT

  4. #32644
    Join Date
    Nov 2002
    Location
    Mr. Forex technical
    My Ride
    a tank
    Posts
    1,848
    Rep Power
    18

    Default

    Gold has hit the 61% level at 1325.7 of the 1307 to 1356 move. I want to see gold find support here
    _________
    2016 IS300 AWD
    2011 Venza V6 AWD
    2009 STI AWD
    2004 TSX
    2002 WRX
    2000 Celica GT

  5. #32645
    Join Date
    Nov 2002
    Location
    Mr. Forex technical
    My Ride
    a tank
    Posts
    1,848
    Rep Power
    18

    Default

    Weed

    personally I think the chart on Weed looks the best of the big 3 (ACB, APH). I have noticed lately this sector has been quite boring. looking at the previous patterns of how it was traded, it is so far trying to follow the same pattern, with over lapping 5 wave structures up, follow by a bit of a side way correction, then a new impulsive cycle begins.

    personally I still believe the MJ sector should still see one more higher high. So we will just wait patiently as it is building momentum for the next big move.

    _________
    2016 IS300 AWD
    2011 Venza V6 AWD
    2009 STI AWD
    2004 TSX
    2002 WRX
    2000 Celica GT

  6. #32646
    Join Date
    Nov 2002
    Location
    Mr. Forex technical
    My Ride
    a tank
    Posts
    1,848
    Rep Power
    18

    Default

    gdx

    still holding onto my Jnug unless gdx breaks below 21.16, clearly it has broken out of the triangle apex which gave it some momentum, but it is still vastly under performing relatively to gold's strength. all I know is, if price breaks below 21.16 under wave (d), that is technically quite bearish so I will use that as my line in the sand.

    COT data shows gold needs to fall while COT silver looks uber bullish, this cant happen, one of them is lying, but who?

    _________
    2016 IS300 AWD
    2011 Venza V6 AWD
    2009 STI AWD
    2004 TSX
    2002 WRX
    2000 Celica GT

  7. #32647
    Join Date
    Jul 2006
    Location
    Victoria Park
    My Ride
    '16 FoRS, '09 UZN215, '90 Z32, '15 Grom
    Posts
    3,406
    Rep Power
    18

    Default

    Anyone trying to catch the falling knife on MJ section, good fucking luck lol. Not fighting the trend.

  8. #32648
    Join Date
    Jan 2009
    Location
    Calgary AB
    My Ride
    2019 JLU /Ninja EX650r
    Posts
    53
    Rep Power
    0

    Default

    Quote Originally Posted by Disoblige View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Anyone trying to catch the falling knife on MJ section, good fucking luck lol. Not fighting the trend.
    I sold off my ACB at a small loss to buy in when it gets closer to $7.50-$6.50 range. It will bounce back, it's just a matter of when. I'm moving to more energy/miners. Made money with Pony, Crew Energy and now I'm watching some other gold and energy companies slowly do a march upwards, but I'm keeping some cash to pick up stuff when it falls lower.

  9. #32649
    Join Date
    Apr 2008
    Location
    edmonton
    Posts
    170
    Rep Power
    0

    Default

    Quote Originally Posted by Disoblige View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Anyone trying to catch the falling knife on MJ section, good fucking luck lol. Not fighting the trend.
    I have a few % in mj I've hung on to and Jesus lol. But Everything feels like a falling knife right now and my portfolio is raping me pretty hard. Not one stock is up from feb 1 that I am in or watch. Half of it makes sense, but the other half is I'm guessing only because of trump flapping his yap. I'm not banking on any big rebounds for months either.

  10. #32650
    Join Date
    Nov 2002
    Location
    Mr. Forex technical
    My Ride
    a tank
    Posts
    1,848
    Rep Power
    18

    Default

    Icon

    havent looked at this for a while, surely from the last rally, I mention it was only 3 waves and unless it gave us a 5th, lower lows was possible. So count suggest final leg down under way. lowest target is 0.74, there are divergences across most time frame so the bottoming is imminent, I may add another position if it ever gets that low.

    _________
    2016 IS300 AWD
    2011 Venza V6 AWD
    2009 STI AWD
    2004 TSX
    2002 WRX
    2000 Celica GT

  11. #32651
    Join Date
    May 2002
    Location
    Online
    My Ride
    Budget Baller
    Posts
    10,203
    Rep Power
    30

    Default

    All the money I ever made with MJ is slowly disappearing. Sighs lol

  12. #32652
    Join Date
    Apr 2008
    Location
    edmonton
    Posts
    170
    Rep Power
    0

    Default

    Hs announced their multi million dollar contract (officially signed) today I heard rumors of in December. Hopefully some more news is in their future of more big contracts. Lots of penny flippers in this one now + shit market keeping it from breaking out but I'm hoping by sometime in summer it's Rockin again. I suspect this contract might slow push the stock price back in to double digits. My break even is 14 cents so pretty depressing at current prices.

  13. #32653
    Join Date
    Oct 2009
    Location
    Calgary
    My Ride
    rally pig
    Posts
    2,307
    Rep Power
    12

    Default

    I definitely need to exercise the buy low sell high motto but I just keep collecting them.

    at this point, I'm just waiting for stocks to start trending up again before buying more stocks which probably wont happen again until later this summer.

  14. #32654
    Join Date
    Jan 2008
    Location
    calgary
    Posts
    1,145
    Rep Power
    14

    Default

    SilverRex, do you use Think Or Swim for your charting??

  15. #32655
    Join Date
    Nov 2002
    Location
    Mr. Forex technical
    My Ride
    a tank
    Posts
    1,848
    Rep Power
    18

    Default

    Weed

    looks like we already have our wave 5 up (just slightly higher than wave 3) and major 2 down is underway. it continues to look like a larger fractal pattern of the correction back Nov 2017, micro count wise, it could use one more drop to complete this leg down.

    _________
    2016 IS300 AWD
    2011 Venza V6 AWD
    2009 STI AWD
    2004 TSX
    2002 WRX
    2000 Celica GT

  16. #32656
    Join Date
    Mar 2004
    Location
    Calgary
    My Ride
    Horse
    Posts
    226
    Rep Power
    0

    Default

    I heard some rumors about BBI - anyone hear anything in regards to a buyout?

  17. #32657
    Join Date
    Nov 2002
    Location
    Mr. Forex technical
    My Ride
    a tank
    Posts
    1,848
    Rep Power
    18

    Default

    Nasdaq

    possible wave (c) of (iv) bottom being in. even if we get one more low, it does not change the main count. this entire correction off Jan 26 is a giant wave (iv) with a final wave (III) of 3 to come that should take us pass 8000+

    I have already moved in the remaining of my RRSP cash on Feb 9 during the wave (A) drop because it was a perfect 5 waves down. wave (c) is tricky as it can break a new low or it may not. DJI did but so far nasdaq and spx hasnt. spx top side wave 3 target around 3200.

    here is the catch, once we reach the final wave 3 of 3 top, things will and can begin to get even uglier, I will be planning to scale out of most of my position in the general stock market except gold and crpyto. The next correction will be a big one (those that recall the post I share about how after 5 waves up price tends to retrace the prior wave 3/4 range) that means it can drop all the way back to the 2016 low. so Nasdaq imagine from 8000 to 4000 and spx from 3200 to 1800. yes another 2008 like event. Those that also follow the Armstrong confidence model also should know from now until the next 2 years suggest a similar window.

    This is where I see gold/silver make it's final significant move up that may have already begun or perhaps in the summer (if it cannot breakout now and this gets pushed out a few months due to dollar's recent strength for an intermediate degree that can last for a few months)

    Interesting times ahead. if I have learned anything from 2008, always have ample cash aside for 40-60% drops to take advantage of the low, biggest opportunities come from these cycle lows, not from chasing the top. Even if there is a melt up scenario where this final wave 3 up can push beyond the projected lines of the targets I mentioned.

    _________
    2016 IS300 AWD
    2011 Venza V6 AWD
    2009 STI AWD
    2004 TSX
    2002 WRX
    2000 Celica GT

  18. #32658
    Join Date
    Aug 2005
    Location
    Calgary Alberta
    Posts
    422
    Rep Power
    0

    Default

    Well after a long hold on PONY and finally getting back above my average cost, I have exited my position with a small gain. If it drops back down, I might get back in with a smaller position.

  19. #32659
    Join Date
    Dec 2008
    Location
    calgary
    Posts
    1,822
    Rep Power
    13

    Default

    Picked up a small amount of largo resources this morning, looks like it could be decent. Year, month and 5 day trending upwards pretty well. Volume looks ok.

  20. #32660
    Join Date
    Nov 2002
    Location
    Mr. Forex technical
    My Ride
    a tank
    Posts
    1,848
    Rep Power
    18

    Default

    Quote Originally Posted by vengie View Post
    This quote is hidden because you are ignoring this member. Show Quote
    SilverRex, do you use Think Or Swim for your charting??
    nope, I only use tradingview right now
    _________
    2016 IS300 AWD
    2011 Venza V6 AWD
    2009 STI AWD
    2004 TSX
    2002 WRX
    2000 Celica GT

Page 1633 of 1681 FirstFirst ... 1623 1632 1633 1634 1643 ... LastLast

Similar Threads

  1. The Official Trump Thread

    By ZenOps in forum Society / Law / Current Events / Politics
    Replies: 764
    Latest Threads: 04-19-2018, 04:00 PM
  2. The Official ~Your Office Pic~ Thread

    By legendboy in forum Careers
    Replies: 63
    Latest Threads: 05-29-2003, 09:24 PM
  3. Replies: 14
    Latest Threads: 04-09-2003, 12:28 PM
  4. The "Official" who is going to win the cup thread!

    By Speed_RaSiR in forum Sports, Health & Fitness
    Replies: 32
    Latest Threads: 04-08-2003, 10:41 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •