Early Beginnings

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November 4,2014               I posted this weekend that in the extremes that we were seeing in the Metals / Miners sell off, I am actually looking for the "CROWD" to be wrong. I expect that we could see a reversal and just advised that one ought to be on the look out for a possible "Shake out".    To identify one...I start to look for any "Signs Of Life".  I don't get TOOOOOOO  excited over the early beginnings, but I stay alert to the idea that if a big change could happen, maybe some signs of life  could start popping up?   To the charts... http://www.screencast.com/t/btqvHGs9  <----------Click link to listen / click 'download' / click "open" - return here and follow along 1.  GOLD was down today,   one "Sign of life"  was  AU   AU   Ok...Lets all Pile into NUGT now & enjoy the ride!!!   Oh wait-  lets not. One sprout  doesnt mean we have a flower garden. Lets look for more signs of life...   Read More

ARE WE ABOUT TO BECOME BEAR SNACKS

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NOV 3 2014     GOLD & MINERS are at the mercy of the Bears.  Since Breaking to new lows, many articles are now pointing out that all support is broken and its a LONG WAY DOWN.  I am now reading that  we are so close to 1000, that a good FLUSH  could cause it to give way to $800.    In my last report I mentioned that I heard something similar in the XLE as it broke to new recent lows and broke support too.  Many wrote that  it could crash down   ( Those alerts / articles  were loudest right before a strong reversal).    AUDIO-  (click the link, click  download , click open and return hereto follow along)   Metals link click here I drew this chart on OCT 10  (Click to enlarge) . Honestly-  I was getting extreme sell off readings and  I DID NOT EXPECT IT TO BREAK SUPPORT,  but it has.  I thought instead that we might get a trade able bounce and then possibly TEST support?       Please use the audio, it saves me time.   HUI 1 WAY So now that Support has been broken, is it a bottomless pit? Lets look closer.     Read More

Where Do I Start?

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November 3, 2014    Its hard to know where to start.  As I begin writing (Sunday night ) Gold is testing new lows, The $USD is at new highs,  But I am thinking GOLD may reverse Like ENERGY did!  I really want to keep this simple, but there's nothing simple about the "THINGS" I am seeing, its getting exciting though!  I have so much to say that I have to do the Audio version.    About 98% of the feedback has been that Audio & later Video is the way to go.   Excellent results & feedback, thank you.  I did get a couple of emails saying that for some who do not use computers  much,  they still do not know how to use the audio, and can I still write everything out.   I apologize , but That will not work for this report.  I will try to write 'enough' , but It is going to be too lengthy and it takes me between 3-4 hrs to draw all the charts, upload all the charts, write about the charts, etc. I've already gathered hours of charts to try to explain what I am looking at.    PLEASE- do yourself a favor and follow the instructions on the link and learn to use the audio. It will be a better tool for you too   A QUICK MARKET UPDATE -      (  and then METALS & ENERGY)  Make sure your volume is turned up  [RIGHT CLICK THIS LINK BELOW open in a new tab-- CLICK "Download" , then click "OPEN".   come back here and follow the charts]   http://www.screencast.com/t/2UN2nptYnq $TRAN   FROM OCT 21  (back in the uptrend) $TRAN 2   As election Tuesday approaches,  I pointed out this ....   Read More