Oil continues to baffle the fundamental and technical analysts. Folks, oil has completed its 3 year cycle low. Get it through your head that it’s not going back down. The market is already starting to discount tighter supply in the years ahead.
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Yes the 25% discount is still open. Folks we have a once in a decade opportunity right now as everything comes out of multi-year cycle lows. Quit listening to the perma-bears and the technical analysts. They have no clue what is happening and they are going to remain on the wrong side of all markets until many percentage points have gone by before they finally admit their bias caused them to miss a major turning point.
Glad to see the video updates are back!
Gary,
No update on gold or miners? Doesn’t seem like gold will ever see 1200 again or GDX at 19.
I did the gold report for subs last night.
I’m not invested in anything at the moment .. looks like I need to get into Bio Tech and Oil asap if they are taking off now. I’m also waiting for miners to pull back.
I’m going to sign up WED, doing good on my own but will try this and see how it goes.
Thanks for the offer Gary, and will sign up Wednesday
Take care
Thanx heaps Gary, the CC makes a huge difference.
Thanks Gary
Maybe an attack from the golden bears tomorrow Wednesday. Lets see what happens …
There are no more attacks. Now gold is just due for a completely natural correction after a very powerful baby bull phase.
No I hope not, it looks a little bit wobbly today. However my miners is still in good condition.
Oups sorry it is today 🙂
The Futures volume in DUST is epic….
Messing around with DWTI today….not for the faint of heart so not a recommendation to buy, pure casino play..
I’m pretty sure stocks have completed their DCL. We should now head for the all-time highs over the next 4-5 weeks.
I’ll do a vid on the stock market tomorrow.
I’m prepared to get face raked today in miners but thus far I’m flat to up a hair overall. It might be too painful to watch later, so I’m off to the gym and stay otherwise occupied. Good luck.
Ralphie maybe it’ll be ok…
It sure would be nice to tack on another 25% straight away, but painful pullbacks are part of the Old Turkey hold so if that’s up first I will just have to deal with it. 🙂
That’s the price one pays to convert the position to a capital gains tax rate.
LABU looks to be building a nice bullish flag pattern….
Guys get a subscription the blog is just an echo of a Mastermind’s trading. With many subscribers we entered to Oil longs in the double bottom when everybody was calling sub 20$ oil prices. Oil is not coming down below 30$ every day.
If you are reading this blog the winner lottery ticket is in your hand. You just need a subscription for the cash out.