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  • Elliott Waves And Contradiction With Market Price Manipulation [View instapost]
    Very well done! Agree with you re:linear commenters. They think that just because a count is invalidated that EW does not work. Untrue. That is one of the powers of EW! The fact that it is dynamic and not static. Invalidated counts does not mean it is wrong, it means that the correct count is still out there.

    Thanks again for a well written article here. Based on the folks who commented, you are preaching to the choir, and it is too bad there is not a way to lure the linear thinkers in here! But then again you could make converts - and we need people on the other side of the trade!
    Dec 19, 2014. 09:54 AM | Likes Like |Link to Comment
  • Good Luck Gold Bulls (You May Well Need It) [View article]
    Thanks, Ben, excellent article with easy to read charts. The white "B" was an obvious typo - no problem there. Thanks for your time and effort. Looking forward to many more from you. Clear, concise, and common sense. I like that.

    Good trading to you......
    Dec 18, 2014. 09:52 AM | Likes Like |Link to Comment
  • This Is How A Bear Market Starts [View article]
    However, cfetrader, wave 3 cannot be the shortest....... What is your wave count for the S&P500?

    And to Hellwolf: I agree, if you remove the XLE and just compare the three plots in themselves, there are differences. Not saying Eric is wrong, just saying that the chart overlays are not strong evidence, as you say.

    Eric, not disagreeing, just wondering if you have stronger evidence for the start of a bear in the S&P 500. What do you think of the large movements both up and down? Today opened kind of wild!

    Maybe there is agreement here, just for different reasons. Happy Trading....
    Dec 18, 2014. 09:41 AM | Likes Like |Link to Comment
  • Let's Give Thanks For Gold Being On Sale [View article]
    No, JNUG won't go away - the 10 for 1 just gives it more time to decay slowly. The decay is the killer in this name. That is why it is really only for day trading only - and should certainly not be held over a weekend or holiday.....

    Best of luck to you JNUGers!
    Dec 17, 2014. 11:13 AM | 1 Like Like |Link to Comment
  • Let's Give Thanks For Gold Being On Sale [View article]
    Me, too, Lots. Maybe he got it fixed by now. Loaded immediately on Windows Vista.
    Dec 15, 2014. 10:21 AM | Likes Like |Link to Comment
  • Let's Give Thanks For Gold Being On Sale [View article]

    Thanks for the ideas. I have worked USO and SCO for years and like them to trade as the pure oil play. Will stick with it. Have been looking for ETF's in oil and gas (not necessarily holding miners - just used as an example "gdxj is to gdx as _____ is to XLE") companies I can hold for the run up. You have given me a number to look at and I appreciate your time.

    Thank you.
    Dec 12, 2014. 01:59 PM | Likes Like |Link to Comment
  • Let's Give Thanks For Gold Being On Sale [View article]
    Excellent video, QP. Thanks for sharing.
    Dec 12, 2014. 01:56 PM | Likes Like |Link to Comment
  • Let's Give Thanks For Gold Being On Sale [View article]
    Hi folks,

    Re:miners and junior miners. I am looking for an ETF that follows "junior oil drilling/services" that would be rough equivalent to "junior miners" compared to the large cap miners. Rather than investing in the Exxons or BPs or Shells, I am looking for a basket of smaller oil companies. Are there ETF's out there for them?

    I have been watching your success in the day/swing trading of the miners with interest. Congratulations. Unlike shorter term trading as I have been watching here, I am looking to hold for a while once oil makes its turn.

    Any suggestions are greatly appreciated. I hope mentioning the miners gives me enough of an "on topic" comment to keep my post up. Feel free to either respond here or send me a private message (although I am surmising someone else here may be looking to invest in some of these in a month or two).

    Thanks, I appreciate your time and consideration.
    Dec 12, 2014. 12:00 PM | 1 Like Like |Link to Comment
  • A Growing Black Cloud Over The Market [View article]
    I suspect that given the current price of crude, there is more debt in the Bakken than oil right now. And it looks like that debt is going to get harder and harder to reign in - especially for the smaller companies. That is the contagion that is scare possibly leading to another economic meltdown or even financial "crisis"? Those guys who are so heavily levered look like they could possibly be ripe for take over (rather see that to keep oil flowing and people working) or total default (the contagion that can flow into other sectors).

    Good article, Eric.
    Dec 12, 2014. 10:17 AM | 4 Likes Like |Link to Comment
  • Things could get interesting overnight [View news story]
    Penny stock - that is scary. Being a smaller company, it is probably on shaky ground (no pun intended) with the price of crude dropping.

    I perused their page, and would still wonder about the cost effectiveness of their product (which looks like a device that would be sold to drillers to replace fracking? Or complete well redesign - not sure) compared to fracking.

    Could be interesting, especially in areas where they are considering tightening regulations on fracking.
    Dec 12, 2014. 09:45 AM | 1 Like Like |Link to Comment
  • Let's Give Thanks For Gold Being On Sale [View article]
    I, too, would like to contribute. But my time frame is longer than most of you and I don't trade the 3X etf's. But I am game and also like the group name. How about Gilburt Gould? lol
    Dec 10, 2014. 10:53 AM | 1 Like Like |Link to Comment
  • Let's Give Thanks For Gold Being On Sale [View article]
    Thanks for the link, QP. It was almost like listening to this week's Avi installment. He does talk in longer time durations than for you day traders out there, but very informative. Thanks again.
    Dec 8, 2014. 11:18 AM | Likes Like |Link to Comment
  • Natural Gas: The Selling Continues But Winter Has Not Yet Begun [View article]
    If it is ONLY six weeks - I would be happy :)

    Through last year, I found the temperature forecasts ten days out to be very useful in trading natty. However this year, I think the lower cost of crude - at levels where smaller and more leveraged companies are having a harder time covering their debt and equipment costs - is going to play a more significant role in the price of natural gas.. Not going to be as easy as in the past with these extra variables......

    Howard26 in Wisconsin
    Dec 8, 2014. 10:13 AM | Likes Like |Link to Comment
  • How Could They? [View article]
    Great, well written article, Mr Gross. Clever writing style that I very much enjoyed. Hard to write an interesting article on such a dry subject.

    In my poker days, I always felt once I placed my chips out there, they were no longer mine and I had to use my skills and strategy to make them mine again (along with the others out there with them). Don't feel that way about my investing "chips" which require different strategies. Having said that, I agree with much you say and have been easing more and more into cash this past year. The only thing that sparks my interest outside cash is gold and silver coinage (not the ETFs) - but not quite yet.

    If this is the real Bill Gross of PIMCO and Janus fame, wow, I am impressed you even have the time to write. And i thank you for sharing your wisdom here.

    Thanks again for sharing in this very well written article.
    Dec 7, 2014. 10:41 AM | 4 Likes Like |Link to Comment
  • Best Ways To Invest In Silver With Your IRA [View article]
    Doesn't sound like it yet, Stephen.

    But going from the 12 handle to over 60 sounds pretty nice. Better than gold, but as Doug says, kind of clunky to store if you take delivery.

    Good Article, Doug. Thanks.

    Just, for me, I rather have possession of my PMs rather than a vault somewhere.
    Dec 5, 2014. 08:32 PM | 1 Like Like |Link to Comment