Sunday, October 12, 2008 12:14:53 PM
some random thoughts
langy asked me to post these charts here....keep in mind that IDKS....
the red resistance lines are where i thought the bottom would be....IDKS
gold equities at long term weekly support
at zero!!!!!
i'm scairt...lol
this is my favorite indicator....when the $nya50r hits 20 it has been a great buying opp in the past....it let me down this time... ouch....works great in a bull market :) (below)
i want to mention that i drew this chart many moons ago....i have heard recently that some in the industry are expecting a "glut" in natural gas supplies...many gas wells are drilled and just waiting for connection to high pressure pipelines....
i don't get it....we are sitting on a huge NG reserve in the US....why in the hell aren't we using NG in auto's? is there technology to turn NG into liquid fuel for cars?
langy asked me to post these charts here....keep in mind that IDKS....
the red resistance lines are where i thought the bottom would be....IDKS
gold equities at long term weekly support
at zero!!!!!
i'm scairt...lol
this is my favorite indicator....when the $nya50r hits 20 it has been a great buying opp in the past....it let me down this time... ouch....works great in a bull market :) (below)
i want to mention that i drew this chart many moons ago....i have heard recently that some in the industry are expecting a "glut" in natural gas supplies...many gas wells are drilled and just waiting for connection to high pressure pipelines....
i don't get it....we are sitting on a huge NG reserve in the US....why in the hell aren't we using NG in auto's? is there technology to turn NG into liquid fuel for cars?
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