To: Must Be Patient who wrote (14059) | 12/22/2015 1:46:23 PM | From: wolfgangrene | | | I'm not generally a big proponent of conspiracy theory, but we've seen gold spike out of upper downtrend lines, ever since the high, only to be smashed down against all normal probableTA movement. Even with 1000 to 889 as an eventual bottom, upside possibilities have been artificially crushed and MUXs very large short positions have had no trouble backing it down when under a normal market it should have run much higher on the bounces. IMHO. |
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To: wolfgangrene who wrote (14060) | 12/22/2015 2:15:41 PM | From: benwood | | | There are so many algos designed to thrash all the common metrics that of course that could have been intentional. The algos are not only fine tuned to fool us, but each other as well. All traditional turning points and signals are @*$#'ed with, to keep others out or to draw them in and chop their heads off. Billions of dollars are spent to perfect these systems. Obfuscation and subterfuge are where it's at today. |
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To: Must Be Patient who wrote (14059) | 12/22/2015 2:29:41 PM | From: JW@KSC | | | Welcome to the Board, You have been patient ............... with the Miners ! I noticed you have not posted on SI Since Feb 2013.
Good to have an experienced SI person posting or just watching.
Feel Free to post it a friendly board.
JW |
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To: benwood who wrote (14061) | 12/22/2015 2:51:03 PM | From: wolfgangrene | | | Sheesh, and here I sit with my Bic Classic Stic ball point pen and lined paper pad working out targets trying to swim upstream in the digital age. I'd prefer a pencil, but my pencil sharpener is dull and my wife doesn't like it when I get graphite on the floor sharpening with a pocket knife. |
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To: wolfgangrene who wrote (14063) | 12/22/2015 3:00:53 PM | From: benwood | | | It's certainly not useless as you know. I think that the algos for the most part can only screw up the margins, and then the charade would be revealed in short order anyway, provided there isn't a problem with everybody getting on the same side of the boat so there is no exit, e.g. real estate in '07, Naz in '00, and gold in '15. -g- |
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To: wolfgangrene who wrote (14057) | 12/22/2015 5:04:56 PM | From: Robov | | | A further break higher would sure be a nice change of pace. Our second daily close above $1.00 too. Can we break the previous 3 day record from October? |
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