Bear Cave 2 (Bull Allowed)

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Birchtree said:
Another excellent tutorial from Hamilton. However, I believe because of the months of internal rotations taking place the SPX is not going to retreat while the R2K already has given back over 4%. Large caps will hold the day this time around. This type of behavior fits my grand plan - and no I'm not complacent.
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You have done very well riding this Bull......
 
Negative headlines tend to produce the strongest advances in a bull market. The only thing we have to fear is no fear. I'm going to front run the NFP number.
 
dpmp said:
Can anyone confirm this theory:

http://www.growthstockwire.com/2718/Copper-s-Price-Action-Is-a-Bad-Sign-for-Stocks
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I've been talking about the relationship between copper and the market for years. In fact, I think I could be considered a pioneer of it. It is only in the last several months that copper has lead the market by a couple weeks. It use to be a lot quicker. This is one of the reasons I've been exiting trades too soon this year and why I've adjusted my weightings to take this into consideration. ;)
 
JTH said:
S&P 500 hits 570 by 2013 do you agree?

http://video.cnbc.com/gallery/?video=3000037656
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I saw this live and paused it it pull up charts, then replayed it over about three times and realized that he was making connections between apples and oranges. The 2007-2009 does not have the same setup as the 2011 H&S setup. The analyst tried to tie those two periods together. It doesn't hold up in a TA analysis. We have completed the H&S for 2011. The H&S from 2008 did get back to the neckline and then broke down. Saying that we will not make it to the neckline because it's 100 points away invalidates comparison to the 2007/2009 fall. Besides, it's only 600 DOW pts to the neckline on INDU. This is possible in one day.

He annoyed me and after the Bob rant about his colleagues being irresponsible in reporting about the inaccurate French bank default, I have shut off CNBC.
 
Kaplan is always early, but in the end usually gets the direction correct.

MANY OF THE MOST UNPOPULAR SECURITIES OF 2013 REMAIN VERY GOOD BARGAINS (December 13, 2013): Investors love to act in a synchronized fashion--they prefer to buy whatever everyone else is buying at the same time that everyone else is buying it, and to similarly sell along with the thundering herd.

True Contrarian


Long GDX GDXJ and G Fund....

Good trading and Merry Christmas to the Bulls and the Bears.
 
Jeff Clark has been wrong for sometime now about the general stock market, and gold and gold miners. However, he still remains a guy to watch.


The Bulls Scored a Major Victory, But the Fight Isn't Over
By Jeff Clark
Thursday, December 19, 2013

In the battle between the bulls and the bears, the bulls just scored a major victory.

Seasonal patterns are bullish this time of year. There's the potential for a Santa Claus rally (an end-of-year boost in prices). There's year-end window dressing – where portfolio managers buy more of the stocks that have been moving up and sell more of what has been moving down.

The Bulls Scored a Major Victory, But the Fight Isn't Over
 
Thanks....I have been lurking for sometime now, but I thought I would post a few comments. My health hasn't been that great the last few years, and just didn't have the spirit or energy to post much. I'm doing better now.
 
NO ONE knows for sure when this Bull will end, and it's very possible the S&P could go much higher, but some warning signs keep coming up that are worth watching.


SUNDAY, DECEMBER 22, 2013

EARNINGS SEASON COULD BRING THE BEAR OUT OF HIBERNATION
It's been my theory for some time now that this QE driven bull market would top either in late 2013 or early 2014, followed by a multi-month stagnation process as liquidity leaked into the commodity markets.

Gold Scents
 
Sorry you've been sick, but happy to hear you are doing better now. I always enjoyed your commentary keep it up.
 
Gold Market Update
originally published December 22nd, 2013


It is a tragic irony that at a time when gold and silver are completing large basing patterns after a long and deep correction, and are at last nearly ready to turn up and start their next major uptrends, most investors in the PM sector have been psychologically crippled and rendered impotent by huge losses – some have been ruined.

Clive Maund


Long GDX GDXJ and TSP - G Fund
 
I bought more GDXJ just the other day with a few other gold stocks. Glad to see you return Robo. Many folks are down on 2014 but I'm ready for more glorious gains.
 
Birchtree said:
I bought more GDXJ just the other day with a few other gold stocks. Glad to see you return Robo. Many folks are down on 2014 but I'm ready for more glorious gains.
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Big Bull - nothing wrong with those glorious gains, and you have plenty of them.

I have way to much GDX and GDXJ now, but I just kept scaling in as we went lower ( and GDX/GDXJ just kept going lower). I'm down over 100k now on my metal/miner trade, but did pretty darn good in the stock market the last few years. Currently in G Fund and Stable Value Accounts in my larger 401k accounts, but have really taken a beating in my trading accounts trying to trade the metal/miners. I have NO IDEA how 2014 will turn out, but I'm long the Gold Miners in my trading account, and in cash in TSP and 401ks going into the new year...

I would buy some C Fund on a large enough dip, but the small caps are already telling us a correction could be very close.

I wanted to wish you a Merry Xmas, and I hope your daughter is doing well.

You have done well riding this Bull!

I have open limit orders to buy GDX and GDXJ if we head lower.

GDXJ - SharpCharts Workbench - StockCharts.com

GDX - SharpCharts Workbench - StockCharts.com


Take Care and I will post here from time to time.
 
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