Another overview (w options) of the HUI 400 :

As posted on the 12th day of July

Gold's goose is cooked man - Just totally cooked.....

Just stretch a line up from the 2008 low.......and make it pass thru the big downgap of 3 months ago......

That's an uptrending ruler-line with a downgap on through it !......

The downgap of about May the  12th, shot DOWN thru the uptrend line :

* A glaringly brutal portent !

Canada's XGD on this date looks like this :

Place ruler at start date and have it go up to today's close :

So 15 bucks now in that etf is a shoe in :

With XGD at 17.80 (-.15)

Aug 16 puts = .16/.20

Sept 15 put =  .15/.23

Dec 15 put = .50/.56  

One month-old lows still holding......but.....

Man it is cool that we can freeze time like this !
 

Microscoping in upon the HUI 400

Yet not a single mention of the INDU 12,500 !......

The Frankfurt 6500 : They've kind of just busted it out :

Quote:

Originally Posted by IchibomB 

not a single mention of it because everyone is aware of it. it's an obvious round number

that really only needs to be mentioned once or twice.

Nah.....I think people should have been totally "gaming" it...........

I'll show ya'  in a bit

Quote:

Originally Posted by nowwhat 

Nah.....I think people should have been totally "gaming" it...........

 

I'll show ya'  in a bit

Could've been using IT (the Dow)  as a "timing signal"  because the S&P's support level wasn't NEARLY as "succinct".

Going by the S&P I think I'd have held off until the 1320.......

Although, a purchase of the 1335  "poke-thru"  also could've been used.

Toronto's 11,500 Level, just for a comparative view :

The CRB's 275 Level :

Hmmmm.......Was IT the earliest (and stongest) one ???

I dunno eh.......Just ramblin'  on

Sure FELT that we were at a critical juncture there though (worldwide)

A Friday/Monday "Rescue Job" ?

A Mr. Greg Schnell's Perspective : Yes ?  (done up a couple of days before this) :

Just writing about the importance of 1350

We all KNEW that the Indu 12-5 was significant........so, in the very first MINUTES that it started to ride up on out of it (at 11:00am).....

One could've ventured long in just practically ANYTHING.

At 11:00am, how significant was the S&P's 1329 Level ?

Now to compare the S&P's 1329 with the Indu's 12,500 :

So you see ?.......The Indu's 12-5 Level was a MUCH MORE reliable timing lever. (IMHO)

Quote:

Originally Posted by nowwhat 

I've written quite a bit about this thing here : Toronto's 11,500 Level :

 

 

11500 continued :

Dynamic :

I heard that the Shanghai was down quite hard last night......I wonder why ?

Oh.....

Shanghai 2000 anyone ?.......We shall see whether that upper chart's support level holds

If not ?.....2000 yeah : No worries :

Quote:

Originally Posted by charulz 

FB got crushed today

The Great Mighty Groupon........

And, The Great Mighty Facebook :

Got to love thier IPO's

Where, they seem to share some things in common

Dacha Strategic Metals (cont.)

Dacha CR

http://www.canadianminingjournal.com/press-releases/story.aspx?id=1001509869

HUI 400 Lady !......

HUI 400.......

Just Ruler-Line up from the 2002 low - on up to the 400 here of today......

Because that is our (my) "ACTION-LINE !"......

Then ruler-line the lows of this :

*From the lows of 2008 through "The Downgap Of 2012"......

Which is also referred to as, "The Downgap Of May"

Because. Yes, GLD informs us, about how AMERICANS FEEL ,(concerning the prospects for Gold)

Which ain't good........(dg's thru uptrend lines).....in this case will be BAD

So, I think it might BE a good idea to SHORT GOLDS.......

Why, this Barrick's gonna come all the way down to 30 !........(is currently at 35)

So I won't do a thing yet at THIS point in time.......Sadly.