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Post by novie08 on Nov 21, 2014 17:34:30 GMT -5
If you think about the action of late, it is like they are luring people in one sector at a time then pulling the rug out and moving to another. Solar, Uranium, gold miners, just last week natural gas and some oil, etc etc.... Oh and today China momo. Probably more but I can't watch them all.... Now THIS is a fabulous observation...I won't call you my "guru" but you certainly qualify for the "analyst" title!
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Post by maxi on Nov 21, 2014 18:11:31 GMT -5
If you think about the action of late, it is like they are luring people in one sector at a time then pulling the rug out and moving to another. Solar, Uranium, gold miners, just last week natural gas and some oil, etc etc.... Oh and today China momo. Probably more but I can't watch them all.... Now THIS is a fabulous observation...I won't call you my "guru" but you certainly qualify for the "analyst" title! Thank you Novi!
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Post by dino on Nov 21, 2014 18:42:59 GMT -5
I remember when Greece Default V1.0 hit on Thanksgiving weekend. I remember because I was fishing in Murielle's Inlet in S.C. and was trying to juggle a phone, a pole, and a beer all at the same time. Now, there were several Greece Default panics so I may be wrong on the version number but it was definitely a Greece thing the day after Thanksgiving.
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Post by huh on Nov 23, 2014 11:28:23 GMT -5
If you think about the action of late, it is like they are luring people in one sector at a time then pulling the rug out and moving to another. Solar, Uranium, gold miners, just last week natural gas and some oil, etc etc.... Oh and today China momo. Probably more but I can't watch them all.... I agree completely, and I believe that's what those H&S-RS-squeeze-to-new-highs are showing us in the charts. (which, BTW, I've added a couple of those in the thread)
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Post by huh on Nov 23, 2014 13:34:14 GMT -5
...check out this squeeze in V. The highest & longest of them all yet. Been saving this one for a while, but it should be getting close to the highs now.
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