PST
February 23, 2010
GDX may be setting up for a pullback that traders may want to buy?
February 22, 2010
I just haven't met you yet
The Momentum Cycle section has an update.
I thought I would share a picture of some of my family. Thank you Susan, this is my brother's birthday.
This weeks Gold, and Oil
Report.
http://www.thegoldandoilguy.com/articles/the-dollar-gold-%E2%80%93-what%E2%80%99s-next/
My moons
is in
Sagittarius, if people wonder why I am optimistic. I used to be very
active before to, I do not think I could go without walking when my MS
permits. Is the market about to have a change in trend to the upside?
It
is possible. I would not be too keen to short here. My Venus, and Mars
are in Scorpio, for people that may be interested. It was a beautiful
Olympic day in sunny Vancouver on Friday! Yes I have shopped at that
Killarny Market in the Video. Was that a cameo by Katy Perry?
February 19, 2010
Help Haiti
David Banister
VIX
may be gettting close to a turn here. I think traders may need to keep
an eye on the Gann line below for a possible turn, if we keep going up. Have a great weekend
everyone!
February 18, 2010
Mid week Gold, and Oil Report.
http://www.thegoldandoilguy.com/articles/stock-market-trends-for-indexes-and-precious-metals/
I was
disappointed today, the weather warmed up a little. Walking is
still not easy if I walk too far. I am exhausted. The market may be to.
I think 517 will be a problem if we can get above 512.
Life is still wonderful. Always be true to people, as I think that would make life for everyone great.
February 17, 2010
30 Seconds to Mars
We made it to our 503 - 504 target area. What's next if you want to
trade this? It was difficult to decide which chart to post tonight, but
this Dollar chart may be suggesting we could go higher.
February 16, 2010
This weeks Gold, and Oil
Report.
http://www.thegoldandoilguy.com/articles/weekend-goldnewsletter-report/
The Momentum Cycle section has an update.
What
is the market asking for, maybe coffee with Michelle Caruso Cabrera?
I thought I saw her on CNBC for the Olympics at one of my favorite
places to have tea. ( yes, I drink that mostly because of my MS) I do not think that could happen. If she walks
east about for about 30 to 45 mins, she would see another side of
Vancouver that is rapidly changing. Right now she is at one of the nicest places in Vancouver, with Cypress, and Grouse Mountain just 30 mins away by car. You can repeat my last commentary, TRIX could turn any time still.
February 12, 2010
The Momentum Cycle section has an update.
VIX may be
positive for the market here, or TRIX may be turning at the zero line
again. We could get as high as 503 or 504 if we are headed higher. Have
a great weekend everyone!
February 11, 2010
David Banister
Mid week Gold, and Oil Report.
http://www.thegoldandoilguy.com/articles/have-metals-and-stocks-bottomed-yet/
Before I get
everyone too bearish, I see one positive setting up on the weekly
charts. We may get some good RSI divergence on possible
sell offs. I have no recommendation while the market sits on a balance
beam.
February 10, 2010
The Momentum Cycle section has an update.
The market may have some bite still, but I
would not bet on it. Yesterday may have been it. The volatility
indicator just gave another signal.
February 9, 2010
No long suggestion here, it is possible we could see the lower zone a lot sooner then later.
February 8, 2010
The Momentum Cycle section has an update.
This weeks Gold, and Oil
Report.
http://www.thegoldandoilguy.com/articles/gold-sp500-psychology-they-bail-we-buy/
Weekend Article Contributions
http://www.thegoldandoilguy.com/articles/how-to-trade-intraday-gold-and-sp500/
I think it could be rough going the rest of the year for the
market. Short term we may have a peak in daily VIX. I would not rule it
going higher though. It may safe bet to short rallies until summer.
February 5, 2010
David Banister
The Momentum Cycle section has an update.
Did we ever get a turn at the zero line on TRIX, this may have been it
for a mini-crash. We may hold at the below support now. GLD now has two
gaps on the upside I think.
Have a great weekend everyone! Please tell anyone you know with MS
about high dosage Vitamin D. You have know idea how happy I am
right now. I see hope.
February 4, 2010
We are search!
Zubee.com
Mid week Gold, and Oil Report.
http://www.thegoldandoilguy.com/articles/trends-for-stocks-commodities-gold-oil-and-indexes/
MS has humbled
me a lot, forgive me if I still sound arrogant sometimes, but sometimes
you need it to get things done. I think I will always be a confident
person. I am just sad I guess, as I think I may have now lost two
ladies that believed in me. I think I have grown a lot from both those
relationships. I think the people that you go through life with, you
will always have a part of them inside. What will happen from here? The
market looks to be my lady still, and I do not think she is happy.
The 400 points was just wishful thinking from one system I have. I
think we may be headed down, but it may be limited.
Valentines is almost here.
February 3, 2010
White Liar
I love Miranda Lambert's accent. It is perfect for the song. Our EK
pick has done rather well. I would sell here as RSI looks to have
peaked at around 80. Not a short suggestion. I have no recommendation
on the market, but there may be 400 points + left on the upside on the
DOW.
TRIX is close to zero now, are we going to jump though it? It may be
all about the dollar here, MAJ may be giving the bull good odds.
February 2, 2010
The Momentum Cycle section has an update.
I just realized
something, it has been raining here, and I have not noticed it at all.
Taking a high dosage of vitamin D really helps someone with MS. I might
even be able to go off Rebif in a year maybe. Just showing a dollar
chart tonight. There may be some room on the upside still. If the
market continues to rally, TRIX may make it to the zero line. We have upgraded Zubee!. We hope everyone likes the fun search.
February 1, 2010
Help Haiti
This weeks Gold, and Oil
Report.
http://www.thegoldandoilguy.com/articles/are-precious-metals-melting-or-firming-up/
We are getting
oversold, there may be some bounce coming up. ADX is suggesting the
trend is down on some oversold weekly charts, I think just about sums
it up here, while we wait for one more cycle to bottom.
January 29, 2010
Help Haiti
Weekend Report
http://www.thegoldandoilguy.com/articles/educational-etf%E2%80%99s-futures-cfd%E2%80%99s-low-risk-trading-setups-explained/
The Momentum Cycle section has an update.
The miracle of
Vitamin D. I seem to be able to cope with hotter showers of late. I
hope I am getting better. Even had the energy to give the tub a good
cleaning. The market may be set to take a few to the cleaners, while we
wait for one more cycle to bottom. I think the NDX will lead us down if
that is where we are headed. We could even get a mini crash next month,
and have the lower green line gap filled soon. XAU may be a good hedge
on the upside, while the correction continues? You will not get a call
from me here. I used to love to read a lot to, I do not think I could go
as far as loving the smell of a book. I never really thought about that
though. If I ever get the energy, I would not mind catching up on
some Wilbur Smith books. Have a nice weekend everyone!
January 28, 2010
Help Haiti
The Momentum Cycle section has an update.
Mid week Gold, and Oil Report.
http://www.thegoldandoilguy.com/articles/stock-market-trading/
Consolidate me!
Bears may need to be careful here, as it may be possible the market may
sneak in a rally soon.
I discovered last year, one should not throw
bullying teach shirts in neighbors yards. I also learned one more
more kind of dirty politics, that I did not know existed before. I am
strong believer of democracy, and I can not help writing about it, even
if I know it may cause me further problems. The law should always
be respected, and not abused. I do not know how to convey this message.
If you want know a little bit more of me, BCTV may still have one of my
first interviews I gave them when I was starting to become politically active. I am
getting some strength back I hope. I hope I have been entertaining some times
here, I think there is good that has come out of this blog, maybe I
can change someones point of view. Is that not what freedom of the
press is about? Some days I wish I could run in a Provincial Election
here, to try, and make changes that could help BC.
January 27, 2010
Help Haiti
Wow, loved that smile as I was crossing a intersection today. If
it is meant to be it will happen, I focus on fighting my MS right now.
I am taking a mega dose of Vitamin D over the whole day. I do not go
over 16000 IU. Seems to help a lot, along with the Rebif. Maybe in a
year, or two I will have beat MS, hoping anyways. We are all hoping
on the market here. If we can hang on to these levels, or higher we may
have some hope on a weekly chart.
January 26, 2010
Help Haiti
The Momentum Cycle section has an update.
The market may still be in some shock here. Jury
may be out if it has found support.
January 25, 2010
Help Haiti
The Momentum Cycle section has an update.
This weeks Gold, and Oil
Report.
http://www.thegoldandoilguy.com/articles/are-commodities-and-the-dow-index-dead/
Weekend Report
http://www.thegoldandoilguy.com/articles/the-weak-end-trading-report/
One cycle
looks to have bottomed, the other one should be next month. It we drop
too much below the 500 level. 490 looks to be the next stop. I think we
could rally at any time.
January 22, 2010
the truth
I am bit reluctant to post this
chart, but we could get a 250 point bounce in the DOW at any time. It
is only because I am getting bearish until mid February. Please
remember Haiti
as they just had a major aftershock, almost has bad as the first one.
This is a good opportunity for a company to help rebuild Haiti with straw homes.
January 21, 2010
Help Haiti
Mid week Gold, and Oil
Report.
http://www.thegoldandoilguy.com/articles/choppy-sp500-gold-stock-meltdown-and-dollar-strengthens/
It may not be easy to trade from here, especially after Monday. We may have to wait until mid February for the bull to resume.
January 20, 2010
Help Haiti
David Banister
I hope this is a wake up call to all of us. I think we need to start mandating straw homes in certain places, it just makes sense. California should be taking the lead here, once people understand how well they do in natural disasters, the world may except them.
I think bears need to except the market rally here still, but we may get
more consolidation this week with an upwards bias. The volatility
indicator just gave a signal.
January 19, 2010
Help Haiti
Technical Commodity Trader
http://technicalcommoditytrader.com/2010/01/18/buy-gold-in-late-summer-and-oil-in-late-winter/
The Momentum Cycle section has an update.
This weeks Gold, and Oil
Report.
http://www.thegoldandoilguy.com/articles/how-to-trade-gold-and-other-commodity-etfs/
It
is heartbreaking to hear some of the stories coming out. I feel guilty
even commenting on the market. Any further selloff may be a gift, gold
may be forming a pattern that could take just over a week to complete.
January 15, 2010
Help Haiti
There is still nothing but air up here. If you are able to please give
to Haiti. Think about they are going though right now over the
weekend. We are on a fault line to here on the west coast, and may need
a lot of help one day.
January 14, 2010
Mid week Gold, and Oil
Report.
http://www.thegoldandoilguy.com/articles/commodity-gold-futures-trading/
That is very sad
what just happened with that earthquake, we are all susceptible to that
kind of tragedy as well, living on the west coast. Those people are in my
prayers tonight. Maybe some good can come from this. Has there ever
been an attempt to fully develop the Internet Industry for them, like Christmas Island is now developing? Seems like a good idea to help fight poverty there. It has to start somewhere. There may be few market calls from me going forward here. I would keep my targets in mind.
January 13, 2010
Pouring
rain here right now, I really feel it to. There may be some more room
on the weekly chart for a little more downside, but I would not play it.
January 12, 2010
11 30 AM
The Momentum Cycle section has an update.
Silver Report
http://etftradingpartner.com/silver-futures-reversal-can-the-2008-highs-be-taken-out/
Are we exhausted yet? We may get a peak today, but I am not looking at the short side.
January 11, 2010
This weeks Gold, and Oil
Report.
http://www.thegoldandoilguy.com/articles/market-meltdowns-inflation-protecting-capital-trading-commodities/
Bless you? Pullbacks should continue to be small this week. Just a Dollar chart today.
January 8, 2010
Zubee! Search
Nothing but air up there right now. Pullbacks looks to be quick, if you sneeze you may miss one.
January 7, 2010
Mid week Gold, and Oil
Report.
http://www.thegoldandoilguy.com/articles/nonfarm-payrolls-this-friday-could-dampen-commodities/
Some days, I
want to vent my frustration at my MS. I am attacking it with large
doses of vitamin D, and drinking lots of Ginseng now. I am frustrated,
because I think it is just one main vein that may be partly blocked ,
causing numbness, and extreme fatigue. I hope it is a simple operation,
if I am ever able to get it here. I am just posting a weekly GLD chart
tonight. I Will always be thinking of Don, who thought up Rangetrader.com. May he rest in peace.
January 6, 2010
Nice to see EK
breaking out, on news of possible new camera technology. They still
have some catching up to do though, but 10 dollars may not be out of
the question AXAS
also has had a nice pop. Just posting a weekly Russell chart tonight so
readers may have an idea of where I get some targets from.
January 5, 2010
The Momentum Cycle section has an update.
You got
like it! It looks like we are going to have good trading for about
a year. I would buy dips until we get close to 700 on the
Russell. I see no reason for gold to go down. It will be perfect
for bulls if stocks rally for 3 more days.
January 4, 2010
This weeks Gold, and Oil
Report.
http://www.thegoldandoilguy.com/articles/
Gold Report
http://etftradingpartner.com/gold-is-heavy-but-could-rebound/
A brand new year
to make some waves. It is always nice to finish the end of the year
with a good call. If you are short I would keep my target price in mind
as we only need 5 more points, or so. The SPX may be mirroring GDX, and
we have both on sells on weekly MACD, but the daily looks to be holding
on still. If you want to stay short, I would keep a stop in mind. We
may get another short entry on Monday. How the market acts may dictate
what the rest of the year may be like.
December 30, 2009
8:00 AM
The Momentum Cycle section has an update.
We all need some AXAS
before the year is out. This stock may double still. I am still
expecting a pullback in the market. It could be around a ten point pull back in the OEX, buy
it. Have a great New Years
everyone. I will see you all in the New Year.
December 29, 2009
6:30 AM
The Momentum Cycle section has an update.
All I
have to
say is what a year! I have learned a lot about how British Columbia has
changed. I am not sure if the good out ways the bad, at least we have
the Olympics now. The market may be not be good this week, if OEX
put volume is suggesting anything. I am not going to
give an exact number, but I suspect anything close to 524 on the OEX
may be a great sell if we keep going up.
December 28, 2009
This weeks Gold, and Oil
Report.
http://www.thegoldandoilguy.com/articles/holiday-gold-oil-and-index-trend-trading/
December 23, 2009
Merry Christmas
Mid week Gold, and Oil
Report
http://www.thegoldandoilguy.com/articles/10-days-of-indexes-and-commodities/
Looking at a
weekly SPX chart, we still look to be oversold. January may be a good
month to. I really think some gold stock are a great buy right now, and GLD may have already bottomed. I
have a gold cycle bottoming in the coming weeks. Have a safe and Merry
Christmas everyone. Blog updates may be limited next week.
December 23, 2009
Technical Commodity Trader
http://technicalcommoditytrader.com/2009/12/22/goldtrends/
Believe
it! Are
we going to get the Russell going parabolic here? We may get close, I
think the next stop maybe the 700 level. Short at your own risk. I
would keep buying dips. Your on your own now with our housing stock
picks. Gap has been filled on one, RSI is no longer giving us a hint
where we may go from here. Those can be some of the best trades,
looking for RSI divergences. Something to think about. If they do not
keep buying our debt, who will buy their goods? Is there any way this
relationship will change in the near future?
December 22, 2009
I think traders
should continue to buy on pullbacks as yesterday proved out. I have 104
on GLD as havening a Fib zone. If we keep selling off, I would not want
to see GLD drop much below that level.
December 21, 2009
This weeks Gold, and Oil
Report.
http://www.thegoldandoilguy.com/articles/gold-trends/
Dollar Report
http://etftradingpartner.com/greenback-grinds-higher-after-convincing-breakout/
Yes it has
topped!. Nah, I do not think we have topped yet, but I there might be a
news spike out there, that could give us a 50 dollar plus, spike move
in gold, closing the recent gap down. All the stock market has done so
far is give us a sideways correction. This could make January better
then I thought. The volatility indicator just gave a signal, and we have
MAJ cruising near one of the bands. We may just get these random up
spikes this week, making it difficult to call the market.
December 18, 2009
Is the dollar going
to take exception to more upside from here? If the dollar is truly in a
bear market, we may get UUP turning around the zero line here, or UUP
may be headed to 23.60. Have a nice weekend everyone.
December 17, 2009
The Momentum Cycle section has an update.
Come On Eileen
Mid week Gold, and Oil
Report.
http://www.thegoldandoilguy.com/articles/stocks-and-commodities-are-trading-predictably/
Still no reason not to be long here. I have been saying we may be
setting up for a good pullback, but I do not think it will happen until
January. It has been raining at least cats here. It multiplies my
fatigue
level by a factor of 10. Daily TRIX is messing with the zero line. We
could get a 504 hit on one of the lower Fib zones. Short squeezes may
be on the menu until January with a few of my stock picks. The
only stocks that I would look at for investments would be some good
gold
stocks. I am going to post on occasion, some tunes that I grew up
listening to. Some of them still sound good, even Van Halen. Another game changer. McDonald's to Offer Free Wi-Fi Internet Access
December 15, 2009
Down Under
Are we going down some more? We may get some not so
nice days, but I think the 500 level is our line in the sand.
December 14, 2009
Already Gone
Yes the market may be already gone.
It looks to me the Russell just broke out yesterday. I would be
thinking 600 on the OEX as we have a Fib zone on the weekly. Buy any
dip until January may be the answer. I caught some of Erin's trip to
Brazil. I think she showed us all the answers ,as to what the USA could do
to help prevent what just happened in the future. Fix the price of
gas now, by doubling it to help absorb future price increases, which
will happen. The government pockets the difference in price decreases.
I think it will be a win win for everyone, and may help provide stability in fuel prices.
December 14, 2009
Life In A Northern Town
Gold Report
http://etftradingpartner.com/gold-expecting-more-downside/
This weeks Gold, and Oil
Report
http://www.thegoldandoilguy.com/articles/what%E2%80%99s-next-for-stocks-gold-silver-oil-nat-gas/
You have to like
stocks like Len, and Tol here. They all look to be oversold, and could
do well over the next 6 months. The US dollar does look to be the story
at the moment. Short at your own risk. I only thought about this, after
I saw a post. Crude has another bear note. Are Arab countries helping to depress price?
They have a well
publicized debt load. I think the wild card is. How high could oil go,
if what I have heard is correct, and Israel attacks Iran? XAU looks interesting right now.