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  • Gold Moving Up, But Watch Out For Whipsaw [View article]
    Yes, Ben, statistically when the market falls, any individual stock will fall with it. So in a major selloff, it doesn't matter how good a company is performing fundamentally, it will fall with the broad market 75% of the time.
    Mar 25, 2015. 10:19 AM | 1 Like Like |Link to Comment
  • Fear Is Saying Short SPY Now [View article]
    Good work, Ben. Thanks for the charts, CFE also. To me a chart is worth many words (not gonna say "1000 words" here as someone will want me to prove it and I don't want to waste time counting words : ^ ) Any way, this has been a very good discussion. Even though I don't count Grexit, Fiscal Cliff, Tapering, Ukraine, Cyprus, Ebola, Obama re-election, Russia ...and others (I would add the outrageous health costs to Lepoard's list), it all does make for good discussion.

    Thank you, everyone for your excellent work and contributions.
    Mar 25, 2015. 10:08 AM | 2 Likes Like |Link to Comment
  • Gold Moving Up, But Watch Out For Whipsaw [View article]
    The Blue Box still lives in your gold chart I see. Back up to the blue box is my primary count, but I like yours too. I would like us to be in 2 of 5 down, mainly because I am tired of waiting................ But we all know how "hopeium" works in the markets :^) Thanks again Ben for all the hard work you do here.

    Good Luck to all.
    Mar 23, 2015. 09:59 AM | 1 Like Like |Link to Comment
  • Will The Fed Spike The Gold Price? [View article]
    Well said!
    Mar 23, 2015. 09:34 AM | 1 Like Like |Link to Comment
  • Will The Fed Spike The Gold Price? [View article]
    Good discussions, Swing and Patrick.....

    Swing, you say you are new to trading. Please understand that, no matter how good EW is and the associated math is - no "system" is 100%. There are counts and alternate counts. Some contributors will talk FOMC, Ukraine, Eubola, ISIS, politics, etc. It makes for interesting conversations.....

    I'm just wanting to point out, if you are a newbie trader with above average mathematical knowledge and skills, don't be disappointed if you trade at 70%. I have found clean EW to be the most accurate (filtering out the CNBC noise). But must also keep in mind that nothing is perfect.

    Best of luck to all.
    Mar 22, 2015. 11:07 AM | 2 Likes Like |Link to Comment
  • Will The Fed Spike The Gold Price? [View article]
    Volume heavy and up. Perhaps there is a blue box out there that WILL be revisited before the final drop.
    Mar 20, 2015. 10:14 AM | Likes Like |Link to Comment
  • S&P 500 Approaching New Highs [View article]
    Nice chart, cfe. Very clear and easy to read. Thanks for posting. It is hard to find such clear and concise EW chart of the SPX. I am leaning more towards your choice (2), but then I had really expected (III) to start at your 5.3.

    Thanks and good luck to all.
    Feb 13, 2015. 09:36 AM | 1 Like Like |Link to Comment
  • Baltic Dry Index Crushed, Avoid Dry Shipping [View article]
    Are you thinking of RIG (Transocean) instead?
    Feb 5, 2015. 09:58 AM | Likes Like |Link to Comment
  • Just Another Bear Market Rally In Gold [View article]
    Re gold confiscation:

    There are not enough of us private investors that hold enough gold to bail out the government should they need it. Long story short ...... too much effort for what little they could get their hands on.

    Re GLD: No one knows what is left in the vaults to confiscate in the first place. Read the prospectus.

    Now here is another thought. If the government needs money bad enough to consider confiscation - consider one's IRA/401K accounts. There is a lot of untaxed money sitting there. So much more money sitting there than gold on someone's back yard (or where ever someone hides it to avoid the spectre of confiscation). They won't knock on your door and demand your account number. They may tax the heck out of it. And they could cite justification that this money hasn't been taxed yet. If you Google (or Bing or whatever) "401K confiscation", there are enough articles out there from enough websites to keep you busy for a while.

    Disclaimer: I don't necessarily hold this opinion, just that, look what the administration just tried to propose two weeks ago regarding taxing/penalizing the 529 pre-tax savings for college program. Or banks in Greece wanting to claim a part of depositor's money to survive last year.....

    I won't get political here as it is just not the forum. Just pointing the reader in a direction to where he/she can research further.

    Feb 3, 2015. 10:10 AM | Likes Like |Link to Comment
  • SNB Spikes Gold, Crushes Currency Traders - Will The ECB Do The Same? [View article]
    If one follows Avi Gilburt - none of this matters.
    Jan 22, 2015. 11:22 AM | 1 Like Like |Link to Comment
  • SNB Spikes Gold, Crushes Currency Traders - Will The ECB Do The Same? [View article]
    I imagine the link is blocked for members only. I just looked and his latest article available to non members was Jan 15th.
    Jan 22, 2015. 10:54 AM | Likes Like |Link to Comment
  • 2015 Predictions For Gold And Silver [View article]
    Rand Paul is about the only choice out there. If he runs. But I don't think he is crooked enough to make it.

    Good for gold, too (had to mention gold to stay on topic ;^)
    Jan 14, 2015. 09:58 AM | 2 Likes Like |Link to Comment
  • Rally In Gold Continues, But For How Long? [View article]

    Thanks for another great article.

    I have watched Avi in video a number of times - you write like Avi speaks. Are you good drinkin' buddies?

    Thanks again.
    Jan 7, 2015. 09:43 AM | 3 Likes Like |Link to Comment
  • GLD: What Will It Take To Resurrect The Gold Bull Market? [View article]
    The problem even with the 1X, USO, is the contango. That makes the 2x and 3x's even more risky. The only really good way to make any good money on USO is if the upward movement is going to be swift. Unfortunately I am doubtful it will happen that way, especially if the move will be corrective. USO would be an awesome buy, if it really tracked the price of WTI - without the monthly decay.

    I wonder if the oil services would be a better buy..... ideas?
    Jan 6, 2015. 09:45 AM | Likes Like |Link to Comment
  • Gold Outlook For 2015 - Buy And Hold Here [View article]
    Why do you believe that? And to what level do you expect it to drop?
    Dec 25, 2014. 03:31 PM | Likes Like |Link to Comment