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bobalou

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Reply with quote  #1 
I closed my small long last wk. and closed my sm short this wk.I'm flat and happy..little streams make big rivers
rates and the $,are at play here,and I think,they are not good for gold
but, we do have a brake out? I still think it was all short covering
so we watch around 134. you could look at some stocks in the xau,to see if they get killed,for a LT hold ?(think GIFTS)

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bobalou

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Reply with quote  #2 

that tide is the xau on ?


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fib_1618

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Reply with quote  #3 
Quote:
what tide is the xau on?

It looks to be snapping back to the breakout area just recently violated.

Check this weeks XAU breadth chart...it may give you better clarity.

Fib


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bobalou

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Reply with quote  #4 
the xau,gld charts are fair/ O K / ?.
I'm in cash,and day trading. my bs, the markets should slow down the big moves? the fed is playing ?? could be on the plus side ?.

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bobalou

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Reply with quote  #5 
in looking at the gold stocks,and the xau chart,the xau could make it to 118
I noted that rates and the $ moving up were not good for the xau
I all so noted just a short covering move up(false)
this is the yen carry trade unwind my bs ,,see the vix and the $ move up
the P C is running the show, cashing  in, in most markets

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bobalou

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Reply with quote  #6 
that was fast, well I'm sorry only got to 120.41 did you find any gifts ?
the boys got the shorts now got the longs
out of the woods ?? a bounce O K, w/ a retest ?
 
  fib ,I do not understand know how to use the breadth chart w/ timing,
if you could add more notes ,or to my work ,thx
any one can add in on my work,use the charts.............

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bobalou

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Reply with quote  #7 
whip it and whip good.....push them up,then push them down
you got to love the boys.....get that little guy....
the $ is moving down a + .rates ? but higher then before -
 see crapper line ........back to 144,148 ?
could dip to 134 ,but close higher

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bobalou

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Reply with quote  #8 
the chart is O K now,
we should be on the same side as the boys ( up )
buy on pull backs,,but
put your stops in ,and we go for a ride,
let us see how long it lasts

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bobalou

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Reply with quote  #9 
gld ....this could be base building ?
 now ; the ? is will the boys let this run. 

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bobalou

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Reply with quote  #10 
the ? is when do we see 170 on the xau
we love the pumper brothers,Xmas is coming.
I'm looking to buy pull backs
did you like the ride.........yea ha..

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bobalou

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Reply with quote  #11 
NICE ride, hay.....put your stops in
 we like to eat pigs
what would be better, ?? ,a pull back to 158 then up to 182
 but, still.,,,,,,you have to love Xmas in Sept.....

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bobalou

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Reply with quote  #12 
in looking at the $ chart,,, I'm in the pull back camp.to side ways
in this chart, my bs I think it is rolling over, but it is still O K
you got the $ and rate move, how much more do you want ?
you could sell calls,,158,144 is not out of the ?

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bobalou

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Reply with quote  #13 
well we got to 182 sooner then I would of liked.
not enough play..
I'm still in the side ways camp
my bs, I'm going to flat for options exp.safety is the key.

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bobalou

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Reply with quote  #14 
the vhf notes; a brake up or down.
to help us, trade above the highs and hold them, then keep running to 196
or a spike up then a brake down,(sell the news,) so pick a trend line,stop
by next week you could be happy or sad


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bobalou

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Reply with quote  #15 
who's your daddy,,,,,,,,,benny
use a stop......

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bobalou

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Reply with quote  #16 
 O K we only made it to 195.5 , now, S T bear,to side ways,trading range,can pull back to 145, L T bull

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bobalou

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Reply with quote  #17 

what do you see ??


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bobalou

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Reply with quote  #18 

how did we do ? side ways


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