Gyroscopic Investing

[img width=1024]http://i57.tinypic.com/o7ojmt.png[/img]

[img width=1024]http://i57.tinypic.com/2a81fuf.png[/img]

Cool!  A rave thread!  I'll get the E and the foam machine. 

TennPaGa wrote: The rave guy looks like the younger and crazier brother of the dude in your avatar, Gosso.

Haha, that sounds like it could be a great idea for an episode of Community.  (By the way the raving dude is Dean Pelton from Community, and my avatar is Bill Murray from Life Aquatic).

Well back to the techno technical status of gold, I think the 120 level for GLD is critical resistance/support.  If GLD breaks through 120 we will see a trend reversal, if not then this move higher has been a bull trap and we have much further to fall.

Bill Murray is da man!!!  I put up that 120ish trendline (I am using futures) even though its not a significant one.

[img width=1024]http://i62.tinypic.com/20ubp0p.png[/img]

My futures are delayed by one day.   So did we break that short-term resistance yesteday, Tuesday the 2nd of December year of our lord 2014?  Spot only inched up a wee bit.

[img width=1024]http://i62.tinypic.com/28wbpg.png[/img]

Here's spot.  We are very very close to a bottom in gold according to my timing model.  Maybe this month or next.

[img width=1024]http://i59.tinypic.com/14a8x2g.png[/img]

Reminds me of the world domination game 007 played where the loser would receive an electric shock.

Time for an update.  Remember kiddies, a true bull market in gold does not exist until gold in all major currencies is hitting new highs.  In order are USD spot, USD futures, Euro spot, Pound spot, long term Yen spot, short term Yen spot:

[img width=1024]http://i57.tinypic.com/3499jyq.png[/img]
[img width=1024]http://i59.tinypic.com/10qh349.png[/img]
[img width=1024]http://i61.tinypic.com/11uw5mu.png[/img]
[img width=1024]http://i57.tinypic.com/6hnurl.png[/img]
[img width=1024]http://i57.tinypic.com/9ia2kj.png[/img]
[img width=1024]http://i58.tinypic.com/211k7k.png[/img]

Also, a monthly buy signal on the MACD.  I don't use this for my timing model and have no idea how well it did historically.

[img width=1024]http://i57.tinypic.com/54mqx.png[/img]

...and I have no clue what you are posting about either.

Moving Average Convergence Divergence, blah, blah, blah

LASER DISCO!
I'll stick to Harry's suggestion and keep buying everything once a year until I have accumulated enough.

buddtholomew wrote: ...and I have no clue what you are posting about either.

Moving Average Convergence Divergence, blah, blah, blah

Move along, its not for the "little people".

MachineGhost wrote:

buddtholomew wrote: ...and I have no clue what you are posting about either.

Moving Average Convergence Divergence, blah, blah, blah

Move along, its not for the "little people".

You're right, its for the overly confident, morbidly obese. Carry on then.