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Got Goldies
08-15-2010, 12:15 PM
Its hammertime.


Below is the hammer formation.

http://i288.photobucket.com/albums/ll195/luckylegs10/08-15usd.jpg

U can't touch this!
http://www.youtube.com/watch?v=2c4L4CPfQY8

cornflakesdisease
08-15-2010, 01:39 PM
do dah dah do . . .it's over!

Got Goldies
08-15-2010, 01:42 PM
do dah dah do . . .it's over!

The drop has already fallen outside the hammer. I caught it just in time. I almost didn't see the hammer formation. I also see some serious slope change in the 50 day.

Willy Wonka
08-15-2010, 01:54 PM
This means we should take advantage of the decline and grab more while they are cheap, right? Buy low sell high!!!

Manty
08-15-2010, 02:16 PM
Its hammertime.


Below is the hammer formation.

http://i288.photobucket.com/albums/ll195/luckylegs10/08-15usd.jpg

U can't touch this!
http://www.youtube.com/watch?v=2c4L4CPfQY8

Goldies why dont you provide some current market conditions as a basis for your prediction instead of using your chart-o-grams as some sort of tarot card reading?

Got Goldies
08-15-2010, 02:44 PM
Goldies why dont you provide some current market conditions as a basis for your prediction instead of using your chart-o-grams as some sort of tarot card reading?

I'm guessing you have never been though one of my trademark market hammers? I normally post the hammer at the end of its run. I posted this before it smash us.

Willy Wonka
08-15-2010, 02:45 PM
Goldies why dont you provide some current market conditions as a basis for your prediction instead of using your chart-o-grams as some sort of tarot card reading?
You done did it now...

LES301M
08-15-2010, 02:50 PM
You done did it now...

Momma always told me, Son, You never argue with a self proclaimed Guru ...

Got Goldies
08-15-2010, 02:52 PM
The chart'Ogram comment was uncalled for. I posted this chart to warn all the students who missed class.

Got Goldies
08-15-2010, 11:28 PM
This means we should take advantage of the decline and grab more while they are cheap, right? Buy low sell high!!!

Is that a trick question? Take a long hard look at the hammer and see if it can convince you of the truth. You will want to protect yourself from the hammer. Its still early in the game (I got it to you guys just in the nick of time).
EDIT:The dollar has broken down past a certain point. School is in sucker! Break it down. Hammertime. My,my.oh, my, lord.
I'll be the one to say it!! One thing is certain, 130% sure, the dollar will not be 79 ever again. We have to slow the hammer down so I can get out. It was lucky it bounced.

Givemegold
08-16-2010, 12:04 AM
Its hammertime.


Below is the hammer formation.

http://i288.photobucket.com/albums/ll195/luckylegs10/08-15usd.jpg

U can't touch this!
http://www.youtube.com/watch?v=2c4L4CPfQY8

Short term the dollar could go down. But here is the reality. The yield on the ten year has gone down because people decided to invest large amounts in the dollar. Who knows where the money came from, that isn't the point, the point being there is a large demand to invest in the dollar debt game. The dollar is stronger than people think, I guess you could go to Greece and get a yield on your money. Maybe.;)

HardlyPeeved
08-16-2010, 12:43 AM
In any event...if the USD (USDX) is "traded" then this is a very telling graph...

I saw this triple-top on July 30, 2010, (07-30-2010, 06:03 PM)....in the GG US "Dollar index contest".


Good to see "Silver" eye-eye in the news ! Congrats!

--------------------------------------------------------------------------
Triple-top USD confirmed (go back a few years...72 should be support)

Got Goldies
08-16-2010, 01:16 AM
In any event...if the USD (USDX) is "traded" then this is a very telling graph...

I saw this triple-top on July 30, 2010, (07-30-2010, 06:03 PM)....in the GG US "Dollar index contest".

The dollar did not beat the high of 89 so it will make a lower low.

zostar
08-16-2010, 07:36 AM
The dollar did not beat the high of 89 so it will make a lower low.

agreed ..... the low was something like 72.15 on the index ;

it declines and breaks through that level ; the house of cards will fall ;

it may take a year from now, or two years ; but it is inevitable ...

any number of black swans could appear also, and be a total game changer

a volcano, a massive earthquake, another oil Leak, riots, the

Iran -- Isreal issue,

What will appear now ... that the swine flu thing is over; that the

oil Leak in the Gulf is coming to an end ... what big thing is next ??

Givemegold
08-16-2010, 08:27 AM
agreed ..... the low was something like 72.15 on the index ;

it declines and breaks through that level ; the house of cards will fall ;

it may take a year from now, or two years ; but it is inevitable ...

any number of black swans could appear also, and be a total game changer

a volcano, a massive earthquake, another oil Leak, riots, the

Iran -- Isreal issue,

What will appear now ... that the swine flu thing is over; that the

oil Leak in the Gulf is coming to an end ... what big thing is next ??

The Euro will fail first. It is no longer a race to the bottom. Europe is far ahead of everybody right now, they are winning by a long shot. Once the Euro goes that could create a huge demand for the dollar. The doom and gloom on the dollar is way over done on this forum. It is the world's reserve currency with a huge demand right now. Why is everybody buying 10 year U.S. Treasuries if the dollar is in so much trouble?

Got Goldies
08-16-2010, 09:33 AM
Did anyone nab that 83? :(

Will Wong
08-16-2010, 09:49 AM
Its hammertime.


Below is the hammer formation.

http://i288.photobucket.com/albums/ll195/luckylegs10/08-15usd.jpg

U can't touch this!
http://www.youtube.com/watch?v=2c4L4CPfQY8

The chart is not attached. nly the music video. Wonder if it is just my computer?

Got Goldies
08-16-2010, 09:53 AM
The chart is not attached. nly the music video. Wonder if it is just my computer?

It is. You have to allow images with your browser. Or just download Safari from Apple.