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Post by clinton on Dec 16, 2015 7:33:10 GMT -5
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Post by walnut on Dec 16, 2015 8:13:16 GMT -5
Probably real good advice from Oscar, do nothing
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Post by huh on Dec 16, 2015 8:18:18 GMT -5
Nice post Clinton - good info.
To sum it up: Never in history has market been in a position like this where Fed kept rates near zero for ten years and then raised rates Stay out tomorrow (today). Nobody knows what's going to happen next because we've never been here before If market's don't go on up and make a new high soon after today's announcement, and create a major rally to continue higher, the top is in (He misspelled "Bernenke" on his chart. Hee hee) Dow Transports had a false bullish breakout of a pennant and have been straight down since. Likely to bounce some here, but then continue down ~10:50 he begins talking about a possible cycle he found re: new Fed chairpersons - looks like about 20 months after a new Fed chairperson takes the seat, a market top occurs. Greenspan was one exception and that was 17 months. Yellen's 20 months occurred about the time SPX hit the all-time high earlier this year.
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Post by clinton on Dec 16, 2015 15:06:03 GMT -5
Things returning to normal "should" be a good/bullish/healthy sign IMO
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Post by clinton on Dec 16, 2015 15:07:20 GMT -5
From a personal point of View, my little company has never been busier. Im loving this economy.
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Post by clinton on Dec 22, 2015 9:23:49 GMT -5
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Post by clinton on Dec 28, 2015 7:39:01 GMT -5
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Post by clinton on Jan 4, 2016 7:34:16 GMT -5
OH SHIT!
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Post by novie08 on Jan 4, 2016 13:06:10 GMT -5
Thanks for this. His specificity is great! Please continue to post.
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Post by clinton on Jan 6, 2016 4:47:23 GMT -5
red omni gold bullish oil bearish
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Post by huh on Jan 6, 2016 8:21:39 GMT -5
Market hitting a lower low exactly as he predicted Sunday. But I don't agree on the bullish gold, not for much higher anyway. Dollar still too strong/euro too weak. Gold still has that phantom print possibility for ~1098.80, but I wouldn't chase it from here for that small of a gain anyway (it was trading ~1070 when the phantom print appeared) Odd phantom print in gold futures last night. Daily chart showing high of 1098.80, but none of the other time frames show this high (actual high was 1074.59)
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Post by novie08 on Jan 6, 2016 10:42:31 GMT -5
Palladium -3.3%! Will be interested to hear his take on no more GTC orders and Stops.
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Post by clinton on Jan 21, 2016 10:01:54 GMT -5
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Post by clinton on Feb 3, 2016 10:39:04 GMT -5
from last night
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Post by clinton on Feb 5, 2016 8:08:01 GMT -5
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Post by huh on Feb 5, 2016 8:37:02 GMT -5
I was waaay wrong about his call in gold. I didn't think it would pop like it did.
Really good call on his part, and very humbling for me. Time for me to shut up and listen more.
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Post by clinton on Feb 11, 2016 2:43:35 GMT -5
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Post by clinton on Feb 15, 2016 1:34:04 GMT -5
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Post by clinton on Feb 22, 2016 1:09:29 GMT -5
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Post by novie08 on Feb 22, 2016 10:24:38 GMT -5
Buying gold dips; miners up this morning in spite of the large dip. FCX +12%! disclosure: don't own that one.
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