tag:blogger.com,1999:blog-2726269285097825806.post1166884931915176139..comments2023-10-10T02:28:18.716-07:00Comments on The Complete Coverage Report: Taking RiskDarahhttp://www.blogger.com/profile/16478120790940269341noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2726269285097825806.post-14148289243443091152012-04-21T13:12:54.282-07:002012-04-21T13:12:54.282-07:00The correlation was based on a short-term analysis...The correlation was based on a short-term analysis. Think in terms of what the dollar will do in the coming months, not coming years. Then based on that analysis, how will the metals respond?Darahhttps://www.blogger.com/profile/16478120790940269341noreply@blogger.comtag:blogger.com,1999:blog-2726269285097825806.post-34915724945341634422012-04-21T13:02:07.334-07:002012-04-21T13:02:07.334-07:00Don't be too confident about the metals and th...Don't be too confident about the metals and the /DX. Besides the 120 peak in 2001, the dollar index has gone essentially nowhere since the late 1990's. It's hit 80 how many times? Everyone knows where gold and silver has gone during the same timeframe.<br /><br />Silver, gold, DOW and US Dollar index since 1996: http://i96.photobucket.com/albums/l173/barnz008/ScreenShot2012-04-21at30238PM.png<br /><br />Sentiment is awful, there's no volume on the COMEX, inventories are at all time lows and the "bubble" hit pieces and top callers are back out in spades. Gartman sold, so you it's time for a 5% rally.Funky Tapehttps://www.blogger.com/profile/09271221564702147756noreply@blogger.comtag:blogger.com,1999:blog-2726269285097825806.post-17051442620085377892012-04-21T10:12:50.562-07:002012-04-21T10:12:50.562-07:00Gold and Silver are at the mercy of the U.S. Dolla...Gold and Silver are at the mercy of the U.S. Dollar. It has been proven that neither gold nor silver can withstand a bullish dollar. I think the miners have experienced some serious technical damage too. Their weakness has even spilled over on the weekly charts. Plus, what will the metals do in the face of a dramatic sell-off in the market? We could bounce eventually, but the bubble phase will not emerge until a larger correction takes place. And I don't think gold has ever been able to go longer than 11 years(on average) with out a substantial correction.Darahhttps://www.blogger.com/profile/16478120790940269341noreply@blogger.comtag:blogger.com,1999:blog-2726269285097825806.post-27772870979397409712012-04-21T08:17:11.086-07:002012-04-21T08:17:11.086-07:00Great write-up, as usual, Darah.
Do you have any ...Great write-up, as usual, Darah.<br /><br />Do you have any thoughts on gold and silver for the remainder of the year?Tomhttps://www.blogger.com/profile/10236709465932299548noreply@blogger.comtag:blogger.com,1999:blog-2726269285097825806.post-429984908550718122012-04-20T19:49:42.093-07:002012-04-20T19:49:42.093-07:00Whattup Durden,
Yeah I had to do some re-thinking ...Whattup Durden,<br />Yeah I had to do some re-thinking on that original forcast. The Model portfolio though has done fantastic and is set-up for some juicy gains as well. I think it's about to get real nasty.Darahhttps://www.blogger.com/profile/16478120790940269341noreply@blogger.comtag:blogger.com,1999:blog-2726269285097825806.post-26332323592212603832012-04-20T19:08:07.125-07:002012-04-20T19:08:07.125-07:00Miss the vids, D. Still reading the blog, though. ...Miss the vids, D. Still reading the blog, though. You said the SPX wouldn't reach 1400 "mark my word" not too long ago, but most of your calls have been sound and I always look forward to your technical take.<br /><br />Decided to short AAPL via the QQQ's on the uptrend back test 10 or so days ago. I've only been able to move my stop down a few points, but that's ok. <br /><br />The risk situation here is so delicious. What has been wound will be unwound. Patience, patience, and more patience.Funky Tapehttps://www.blogger.com/profile/09271221564702147756noreply@blogger.com