bobcollett

Tomorrow night is a "seasonal" BLUE MOON Thats the third of four Full moons in a season A season is from the soltice to the equinox .(or V.V ) The last time we had a seasonal Blue Moon was on the 21st Nov . 2010 Gold went UP 19 points regards bobc

Hi Patuca I am meditating deeply :missy: I see this small angel with wings coming through the window. She has both hands full of $$$. On one of her wings is a date in Roman numerals .... its hard to read. It looks like 23/8. Got it. On her other wing written in Sacred Geometry is BOB She is bringing me my birthday present. And I wake up and my coffee is cold. kind regards bobc

I agree. Bad trading :crap: regards bobc

The fox hunt....... My stock broker, golf partner , domino opponent and friend, sent me this today, after my Gold trade.... regards bobc.

Stopped out at 1370 for 5 point Loss. :doh: I had already picked a name for my new horse...Uranus Now I might have to sell my favourite....Lunar. Back on suicide watch. And Oil also down. This correlation cant last. The problem is when I explained my whole trading plan to my wife on Sunday evening, she said "Do the opposite !!!". Plan B Still bullish I will post a Gann overlay to find SUPPORT. regards bobc

Asian has closed UP slightly.... more sideways. Somebody posted the inverse correlation between Gold and Oil. The attached chart, complements of Spread Betting Magazine (FREE) shows a balance at 14.87,and at the moment its about 12. Either Gold must go down or Oil must go up, or a bit of each to get back to equilibrium. So heres an easy arbitrage TRADE for the more sophisticated member (please ignore all this Patuca). I think SIUYA and mitsubishi are spread traders because of the Tax laws in Britain. So they've probably done this already. BUY Gold and SELL Oil.. regards bobc PS Its my birthday next Saturday and theres this book, recommended by Silver, titled "A guide to Stock Market Acceleration Points"by K Wong.It costs $7500 ..times the Rand exchange rate of 10 = R75000. Thats too much for me.But think of me if you make a killing on the above spread bet. ;)

Hi mitsubishi, No, these dogs are not similar to the Dogs of the Dow. They are bad investments which someone is now promoting. Everything else is UP, so beware when they start promoting the "dogs" And the biggest "dogs"..........Gold and Silver. regards bobc

Hi Rande, As a Retail Trader,I cant offer the wise words of Siuya, but I know how you can end your lecture....... "If you want sleep a bit easier, and reduce the stress levels, DONT spend last years $Million bonus." kind regards bobc

Hi Handle, I did a bit of a search . There is lots of info on Joe Ross Methods on TL, so I not going to repeat it. When you went on your course, did you learn the AMBUSH method.? kind regards bobc

Is the BEAR trend over? We've had a trendline break,but the price is still a long way from 1520.....the 200 day MA. Short term we have 17 days UP to the swing high, then 11 days DOWN to the swing low. We need more than 11 days to the next swing high...... and then Bobs your uncle. In the mean time, theres a TURN date Monday/ Tuesday (Gold Uranus 72 degree) So Buy for scalp to 1400 But if the market opens down on Monday , wait for the TURN. No shorts.The trend is UP. :doh: I cant wait for Monday :missy: Perhaps I should add a bit more on TURNS......... for the workers. We dont know which way it will TURN All we know is if the market is up, it will TURN down, and V .V. So we have an idea of direction. It works 70% of the time. And next Friday there is lots more action. regards bobc PS. DOUBLE DOG WARNING (copyright Patuca) All Index traders be careful next week. PSS. Triple Dog Warning (copright Bob ) The Gold bears (SunTrader ) should review their position. :( PSSS.The above should not considered as advice.It is merely the ramblings of a member of Suicides Anonymous.

Gold is now at 1370 I never placed my BUY at 1351 I have decided to commit suicide To all my friends.....and SunTrader Goodbye your friend bob

Hi SunTrader Hmmmm? Florida Strange post. What do you mean? You must be from Cuba.:haha: welcome bobc

Hi Patuca My brother phoned. He askes, what do you mean? I dont think everyone knows what will happen if 1350 is broken. kind regards bobc

Hi handle I dont believe Joe Ross taught you to trade with the method you display. Joe lived in South Aftica , a while back, and I had dealings with a forcasting sevice he offered. My golf game on Saturday is cancelled . Maybe I will tell the correct version I noticed WHY ? on the thread . He is an excellent writer, so I was hoping he would tell the true story. regards bobc

Please have look at the 24 hour kitco chart The green line is NOW The white arrows show where YESTERDAY, Gold bumpted resistance TWICE But Asia opened at 1340 and closed at 1340...... no problem. I thought this was a sign of strength and today Gold would break 1350 Then Reuters published the BIG SHOT filings for the second quarter. Soros sold , Paulson sold half, and Patuca sold :rofl::rofl: And Gold demand was Down London fixed price dropped $10 and we are back at 1325 . Orange arrow Siuya says buy the dips I'm a buyer at 1320 Target 1343 Stop below the low.... my worry. regards bobc WARNING.....All sorts of aspects happening from the 17th, which means Monday. Perhaps stay in cash.

Hi handle TRIPLE RUBBISH regards bobc

Hi Silver Are you referring to planetary aspects or fundamental/technical aspects? regards bobc

Hi SunTrader, Patuca can help you with the Viagra. PM him regards bobc PS We turned with Sloop John B My grand father and me.......

Hi SunTrader No sulking :):):):) Are you long or short? regards bobc

Hi Siuya Your post is a trading paradox I am already long, but have moved my STOP to 1330 , so I dont know for how long. I want to place a BUY STOP order at 1352 to catch the breakout And most breakouts fail. In the mean time I will still trade the dips. You are selling the rally to 1351 and only buying on dips. Are you ignoring a possible breakout? regards bobc I wonder which is the best procedure.

The "MAGIC" number is 1351 In 3 months Gold has tried to break above this level 3 times,.... and failed Yesterday New York knocked it back at 1344, like hitting a brick wall.. Thats the 6th time it failed at the 1340 level Why? I was hoping to see 1387 Still long but giving back profits regards bobc

I wonder who "them" refers to? bobc

Hi WHY? I missed you (my partners not happy with this :rofl::rofl:) And your'e on the wrong thread. And perhaps you were rolling over in your grave from the TTT comments. Anyway,welcome back.And may all your goats turn into beautiful baby lambs. kind regards bobc

Dear SunTrader Dont say things you dont really mean :cool::cool::cool: bob

On Friday, China reported an increase of 5.5% in OIl usage for the year to July. Together with a 7.5% increase in exports reported earlier. There is strong demand. Goldmans get this info FIRST and reacts accordingly. RULE No. I When an institution tells you something is a BUY, you know they bought yesterday. So maybe Sergio is right regards bobc