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bobcollett

Market Wizard
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Everything posted by bobcollett

  1. Hi sergio How do you think the Big Boys trade., with 3 moving averages and RSI? Nope. They trade from fundamentals... earnings..... news....GDP.....and that early billionare, JP Morgan used the stars. So , not so fast. regards bobc.
  2. And some useless information for the esoteric.....zdo & mitsubishi & Silver. The Earth is travelling through the debris left by the comet Swift -Tuttle If you watch a dark sky , you will see lots of fireballs... very pretty.. Unfortuanetly , comets bring ill phenomena with them. :evil tongue: So dont walk under a ladder for the next week. regards bobc PS But you can BUY gold above 1315.:idea:
  3. WHERE IS THE GOLD? Have a look at the chart GOFO stands for Gold Offered Forward Rate Simply put,its collateral. You give your Gold to the bank and borrow dollars against it. And the rate has been negative for 23 trading days. Nobody want to give their gold to the bank. They might not get it back. Its also an arbitrage opportunity for the Big Boys.... way beyond me. We have discussed the manipulation before, so lets not go back there. Paper gold is rapidly unwinding, keeping the price down.......but it wont last forever Can Gold be in equilibrium at about $1300 with all this.? regards bobc
  4. And to all S & P traders. Its a LUNAR red period. :missy: The index is Down. Its Friday. I would not be LONG. And next Friday is armageddon :helloooo: regards bobc
  5. Sorry . My charts have disappeared I blame MMS Try again bobc
  6. And for all the disbelievers The BEARS ........ me included :doh: Ignore Patucas advice at your own peril These are the best charts for the 24 hour market... kitco Just look at the top graph for the latest. thats the green line-London , which closed UP. . Note that HongKong (Asia ) closed down Silver looks even stronger Now if the US $ can go sideways for a few days , we can make some cash regards bobc PS . I haven't seen Patuca for a few days.Over on the "Live trading currencies " thread, he said he was" as thick as a knot in a piece of wood",and nobody DISAGREED I wonder if he's sulking?
  7. Dear zdo, Is your first name John? The chappie that wrote the incomprehensible Revelations Kind regards bobc
  8. Hi TW I told wmck (we must cut kosts) to ignore your method. Just copy the BUY/SELL trades. And I would do the same. :missy: And you went on holiday Com'on. regards bobc
  9. WTI: It All Happened During the Last Hour of the Pit This new thread has some interesting ideas on my favourite...PRICE ON VOLUME regards bobc
  10. Hi Mike I rather like where you have show support... where there was previous volume I assume the right hand graphic is PRICE ON VOLUME. And my theory is where there is low volume , price will move quickly through it. Please correct me if I am wrong regards bobc
  11. Hi mitsubishi I was long Gold and short my index (ALSI 40 ) I got stopped out on Gold at 1299 for a BIG loss. :( I blame patuca I am still short my index and making cash, but not yet at break even. One thing to remember, the index (S & P) should only break down about 2 days after New moon. This New Moon it was instant....... thats WEAKNESS I am now also short Gold regards bobc PS Secret date for the BOTTOM in GOLD now available. Send title deeds to your trailer and I will relaese date.
  12. Hi handle DOUBLE RUBBISH Mabe you can ask for your money back. regards bobc
  13. Hi SIUYA And the longer the expiry date , the easier it is to get a "froption" Am I right? I cant get a "froption" in two weeks??? regards bobc
  14. And some useless information for S& P traders... I dont think there are very many on this thread, Patuca and Might Mouse. Going back to 1897 , every post election year has the top at the beginning of August,with a subsequent correction. While QE3 continues ,I think the market will go higher, but for now,a short sale might make some cash. And its New Moon tomorrow. Markets will weaken after New Moon. The BIG CRASH is coming in........secret. regards bobc PS So Patuca is right. Gold is bullish and the S & P is bearish.
  15. Hi Ammeo If we all agreed there would be no market Asia closed today at 1317 Resistance is at 1326 (Gann) BIG reversal bar on Friday closing UP (Brooks ) Double your normal position and BUY for an 8 point scalp to 1325. regards PS The horses are eating low protein Hay . They need oats
  16. Hi Mike I missed your reply ...sorry. Please explain how the correlation works To me it looks like if Oil goes up then Gold goes up. Might I add if the $ goes down then all the rest go up. kinds regards bobc
  17. Hi misubishi Please note that the Super Model Builder is carefully scrutinizing this thread for zdo is on probation and Patuca is touch and go. I can see you feel quite strongly about these Idiot waves. Please always mention the word gold on this thread eg. this stupid SID doesn't know his ankle from his gold And thank you for your reply.... its Friday. I've had a tough week. best wishes bob
  18. Well done Handle This for real money? regards bobc
  19. And something for the more intellectually inclined... The talk is Portugal is our next Cyprus.... its bust And Deutche Bank is the BIG BOND Holder And this could bring on the next market correction. How does a correction affect the gold price? (I thought I better ask this in case The Super Model Builder is watching) I cant see this happening this year, but would welcome comment. regards bobc PS To all my German friends, exactly one , Silver, maybe you should think about moving your bank account.
  20. And for those of you who like going to the beach, I found this interesting site on waves Have a look at Silver. Its still got a bit to go.... down. Elliott Wave Analysis of the S&P-500 (SPX) by Sid from ElliottWavePredictions.com - Elliott Wave Predictions regards bobc
  21. Hi Patuca You have been taking lessons from zdo What does your post mean? And the Super Model Builder (Super Moderator) is watching you for off topic posts. regards bobc
  22. Hi SIUYA You certainly know your stuff Educational, well written, and entertaining. Can you please comment on COSTS. They obviously differ from country to country regards bobc
  23. Patuca has kindly done an overlay of two charts I sent him. He has this super computer in his trailer and he is obviously a trained computer programer So he is a lot smarter than we all thought.He just talks funny.:haha::haha: I see all sorts of secret info . in the chart which I might disclose. The top squiggle is Gold and the bottom squiggle is USDEUR I'll be back And thank you Patuca regards bobc
  24. HI zdo Money management is how much money I manage to get from my wife , after blowing my account.. Regards bobc PS You will lose your cash with those TURN dates
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