25 replies to this topic

[Yogibear101]

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[cobben]

This guy is pretty good, in his limited cycle-idiotic fashion.

Special SKI Report #76

" . . .
So, we are at the 663 index’s resistance and at another important juncture because the 663 index represents SKI’s LAST RESISTANCE. If the gold stocks quickly decline about 6%-9%, the 92-96 index will be likely to sell. That sell signal is SKI’s stop-gain on long positions. BUT I’VE GOT TO ADD, THAT IF SUCH A DECLINE OCCURS AND THEN THE GOLD STOCKS HOLD, THE SKI INDICES ARE LIKELY TO GO TO A NEW AND EVEN MORE BULLISH 92-96 INDEX BUY SIGNAL WITHIN 2 WEEKS FROM NOW THAT WILL BE IDENTICAL TO THE ONE THAT GENERATED IN 1979 AND SET OFF THAT GREAT BULL MARKET RISE. As they say, “We’ll see”, but the prospect is most exciting (to me)."

[Yogibear101]

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[cobben]

Yogibear101, on 20 September 2010 - 05:04 PM, said:

Top is in

No, not yet - wait for Oct. 13, and then only a short-term top.

[cobben]

cobben, on 21 September 2010 - 12:59 AM, said:

No, not yet - wait for Oct. 13, and then only a short-term top.

Current target $USD 1440 by Christmas, that's assuming the 1298 top holds today & Friday, and the gap up over the weekend turns out to be a midpoint gap, i.e. 1298 is about the halfway mark for the current run since this summer.

There are various ideas about measuring gaps. If the gap tuns out to be a 2/5 gap, the target notches up proportionately.

Where that leaves it in EUR, SEK, etc, by Christmas is a good question, have no good way to chart those.

[Yogibear101]

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