Wednesday and The Doctor Is In
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Betcha have it now.
What do you think?
I just assumed you were on the comp list. Oh well, second mistake of my life!
I am a little surprised you made me ask. I’ll look and see if it arrived.
Doc, thanks for telling me in Sept. not to buy SLW@27 or ESV in the high 30’s. They are both much lower now. Do you think they have farther to fall? I did buy MUX@.93 yesterday.
BB
MUX at .93 what a joke….gimminny there IS GOING TO MADE A LOT OF WORTHLESS US DOLLARS MADE HERE DOWN THE ROAD…..so make the dollars and then get the heck out and put trade it for something that will hold value!…….UM, like the Chinese! This is NOT rocket science….unless you are a very, very short term trader…be my guest!
Last July 21st I could’ve swapped each share of MUX for 2 shares of RIC. Then today I could’ve swapped each share of RIC for 3 shares of MUX and had 6 times as many shares of MUX as I had in July. I really blew it!
BB
Bonzo; you’re welcome. The technicals are a little more cloudy on SLW currently then back there. Personally, I think I’ll wait until the end of December when I hope the technicals will be a little clearer. I do like SLW a lot and will probably pull the trigger soon—-unless the technicals really take a turn for the worse. Mux looks like it might go a little lower. ESV looks technically pretty good right now. Hope this helps. Doc.
Thanks, Doc. After thinking it over, If oil goes lower SLB is probably safer to own than ESV. But it might be even better to wait for MUX to bottom and buy more of it, or MDW, or SSRI, or PVG. SO many bargains to choose from!
BB
BS ABSOLUTELY FCKN BS
THEY FN DID IT AGAIN
Why so angry?…..Gold did not break down.
Oops..spoke too soon. Gold just broke down.
Yes it certainly did, Bird!
And then back up it went. We got an outside day in the end if we ignore the prior days spikes…….technically we are still in an uptrending channel though. That’s my read on it anyway. I really feel the dollar is close to an interim top. By January we will know for certain. The pressure cooker the buck is putting on the global economy will back off for awhile anyway and the ball will be back in the court of the Germans who will be even more pressured to finally make a decision on authorizing a Euro wide bond buying program. Lets see how they feel once the Euro is back on the rise again.
I agree with Doc’s thoughts on oil.
Doc, do you have a newsletter…?? Im interested.
thanks
How do I get a newsletter from you Doc?
Sheesh, everyone is asking….I think you have to get past Cory first.
Sorry everyone. Sally and Bird you both should been on the list. We added each of your email addresses that you comment under. I will check with Al and get the latest issue resent.
For anyone that wants the newsletter they can email Al or myself directly. alkorelin@gmail.com or fleck@kereport.com.
Thank you Cory.
This is criminal.
This is the FCKN Cosa Nostra
You talking about the Fed James?
Oh wait…you shorted the Dow because you thought this time would be different. Ha!
Yes I am talkng about the FED and no I did not short the DOW.
how could anyone ever short the Dow when everything priced in dollars will ultimately go up?
Enjoy the party while it lasts.
But the piper will need to be paid.
ThE DAY OF RECKONING WILL COME
I SAY BRING IT ON AND RAZE THIS TO THE GROUND
THIS IS RIGHT OUT OF ARTHUR AVENUE BUSINESS SCHOOL
SoRRY BOYS OIL WILL GO DOWN ! 50 $ ! Russia Ukraine Saudi Arabia ! Plan no over !
Oil is double edged sword, if it is proven that Russia does not back down (or it does) and it is bankrupting shale oil producers, they may run it up. Some one said that composite of oil producers in S&P is very high. I haven’t checked.
Bankrupt oil companeis are good for the monopoly acumulation game ! 1 WORLD ORDER ! 1 Control ALL IS THE ENDGAME ! The same for all MARKETS !
BS ! ME ?
Fidel castro Cuba Open UP al 1 PLAN 1 WORLD RULLER YOU WILL SEE YOU WILL SEE AND 1 WORLD CENTRAL BANK ! Al NEED TIME I NOW DAY NEVER STOP DISS IS EVIL !
Day call you idiots ! And the intelligent will by the power trippers how will by idiots ! https://www.youtube.com/watch?v=XRLPG_HplrA
This is BS and I know it, and you know it, and everyone knows it.
This is. FCKN three ring circus now
Precious metals and miners are currently the best short going. Oil obviously is too but from a predictability standpoint and a longer term horizon the metals sector is easy.
I’m glad plenty of people agree with you and share your conviction.
I wish you share your analysis. What make you think so?
Fundamentally, in a deflationary environment it makes sense. Further, the sector was in a bubble topping out in 2011 as evidenced by technicians but also by prices. Looking at any 3 year chart is evidence enough.
There was no secular bull-ending bubble. Not a chance. Especially not in the miners.
http://stockcharts.com/h-sc/ui?s=GDXJ&p=W&yr=4&mn=8&dy=22&id=p83332694945&a=376538435&listNum=1
She’s nothing but a pimp!
ditto…
How can I request a newsletter?
e-mail fleck@kereport.com or alkorelin@gmail.com
One thing about silver that keeps bugging me is the shape of the long term chart. When you look at so many asset bubble charts they are very often fairly symmetrical. That is to say that the amount of time spent during the rise is roughly equal to the length of time to retrace back to the bottom. Not always of course…but often. Anyway, in silvers case we went from 15 bucks to the peak in less than a year but just look at how long it has taken to return to that point again! I suppose that is just a reflection of the amount of Central Bank interventions in the markets that have coincidentally held stock markets afloat for longer than the usual cycle. Hell, maybe it is visual evidence of the interference. We should be bouncing back at this point and yet you can’t help but feel some days that silver is threatening to go lower yet. Kind of like the Nikkei did. The silver chart even looks oddly like the Nikkei bubble chart…..maybe it means something. I sometimes wonder if we won’t see sub 10 dollars again to make the silver chart look more symetrically balanced.
Is the bottom in?
Are we going to the moon from here forward?
Do we erase all the gains tomorrow that were made today?
For the avi followers! Was this a mini wave 2 bounce of the final 5th wave?
What the heck do i know. Everytime i call a bottom it goes down. Everytime i call a top it goes higher. I just want a blood shed once and for all. I have no time to waste. Lets bring all the miners down in three days to pennies stock and confirm the new bull once and for all. I hate this up down up up down dow up down down down up up up up down udududud what a migraine.
YOU NO NEED A BOTTOM YOU NEED BUY ! ONLY MONEY YOU NO NEED ! YOU BUY ! AND DON’T CARE NO MORE !
Glen, such a comment coming from you seems bullish to me! 🙂
I’m glad I bought GDXJ calls on Monday and Tuesday —I think it has bottomed even if gold might have $10-$20 more downside.
And speaking of up and down…….I have been watching the grains as usual and looking at the daily charts on corn and wheat it seems both may be nearing a point of reversal. To me that makes sense because neither bottomed satisfactorily in the first place. But anyway, from a longer term perspective I believe that those two are soon going to head back down and it may (oddly enough) happen in conjunction with oil going back up for a spell. We will know in a few days if there is a see-saw effect at work.
Based on the market actions, all the alerts and signals have been short circuited. People are in the dark with no obvious reference. If everything is in control, it might be OK. If once control is lost, evryone is going to be impovished. It is a great time to be insider.
And the answer Glenfidish is three advils!
Advils?!!….my prescription said Anvils. No wonder my headaches got worse.
Best comments from u ever!
MARKET ALERT !!!
The BIGGEST volumes I ever see on GDX and GDXJ:
GDX: 16:07 31.099.722 shares $17.96 UP 5.26%
16:08 31.076.740 shares $17.97
GDXJ: 16:08 12.329.042 shares $23.11 UP 7.08%
Both about 7% Peter. Interesting!
THANKS PETER FOR SHARING………………………..J
the stock market will be pumped with more QE…if the DOW BREAKS 17000
So who do you like FSU or Oregon?
Jeff Deist seems to be taking FSU and I am definitely taking Oregon.
Ask you daughter,
Owl
I think we are going with JEFF..he seems to be more politically connected………The HOOTER
I must mention this to all…………I have not watched a football game in over 6 years…I personally thing it is a bunch of crap………………………….jmho…….
thing to think……….sorry…….in a hurry………..
Universities are now doing away with football………because only about 12 schools make money at the sport, the rest feed the others, and this so call sport, detracts from the REAL mission of the university…….EDUCATION…………….
Hey Doc, can you ask Al to send me out one of those Newsletters? Like I keep saying, they have my email address but for some reason none ever arrived. Maybe you know why.