tag:blogger.com,1999:blog-2643613788950912206.post6981797987368050151..comments2023-09-17T02:33:56.785-05:00Comments on The TSI Trader: The HUI Miners Index: Fibonacci Tells of FortuneJohn Townsendhttp://www.blogger.com/profile/13243755287314446656noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-2643613788950912206.post-75832201154635568462013-07-23T08:25:23.317-05:002013-07-23T08:25:23.317-05:00Fung - Fibonacci gave us the answer to your questi...Fung - Fibonacci gave us the answer to your question 3 weeks ago.John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-70790916758592498972013-07-22T18:18:31.533-05:002013-07-22T18:18:31.533-05:00Hi John,
After so many false starts, do you think...Hi John,<br /><br />After so many false starts, do you think this time is for real?<br /><br />Thanks,<br />FungFunghttps://www.blogger.com/profile/02021422171993122484noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-49219476141946636122013-07-18T13:35:09.134-05:002013-07-18T13:35:09.134-05:00Hi John, Gold looking ready for the next move up!...Hi John, Gold looking ready for the next move up! What are your current thoughts on CGR? thanks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-44508687610056694342013-07-18T08:22:38.461-05:002013-07-18T08:22:38.461-05:00John are you buying with both hands these levels. ...John are you buying with both hands these levels. The rocket is ready to go! Gold 1500 by September!<br /><br />-My trusty Colt 911-Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-62921596359197798302013-07-15T16:20:47.946-05:002013-07-15T16:20:47.946-05:00Hold on to your rays of hope, but realize they don...Hold on to your rays of hope, but realize they don't offer much support as you tumble down the gold hole.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-43240747949214082882013-07-07T12:54:29.511-05:002013-07-07T12:54:29.511-05:00Anon - the right hand margin of the graphs is the ...Anon - the right hand margin of the graphs is the price of the HUI gold miners index.John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-5625227944826393252013-07-07T08:03:15.554-05:002013-07-07T08:03:15.554-05:00what is the relationship between price of gold &am...what is the relationship between price of gold & right hand margin of graphs? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-70953214063238895062013-07-05T10:01:45.687-05:002013-07-05T10:01:45.687-05:00John,
Most of your pupils can draw a gazillion of...John,<br /><br />Most of your pupils can draw a gazillion of these lines, once shown how to do it.<br /><br />The real question is what makes certain lines hold. It is what most folks have no idea about. It is why most retail speculators fail.<br /><br />It is the most valuable thing in the world.<br /><br />It is most valuable thing in your life and my life.<br /><br />It is one thing you can not buy.<br /><br />It is TIME!<br /><br />99.99% of so called forecasts do not include time simply because they do not know how to even approach it!!!<br /><br />In my opinion one can not be really successful until he/she understands and includes time aspect into the analysis.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-31619767415947370132013-07-04T13:06:56.758-05:002013-07-04T13:06:56.758-05:00Really well demonstrated and very interested. i bu...Really well demonstrated and very interested. i buy in,marcAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-14194471452034803772013-07-02T20:30:20.382-05:002013-07-02T20:30:20.382-05:00John, absolutely fabulous analysis. I have never p...John, absolutely fabulous analysis. I have never paid much attention to Fibonacci time charts, but your presentation irrefutably demonstrates its value.Michael Meeknoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-25977626875821580632013-07-02T19:55:22.628-05:002013-07-02T19:55:22.628-05:00I think all for sharing their comments.
I have al...I think all for sharing their comments.<br /><br />I have always found it frustrating when trying to use Fibonacci to predict the future, but have never found it frustrating when trying to explain the past. I wish it were so simple to say, "once we get a 61.8% retracement of the previous rally then we will resume the rally until we reach the 123.6% level which will then be followed by the obligatory retest of the previous 61.8% level that now turns into the 50% time marker for the conclusion of the bull market", and so on.<br /><br />If it were that easy - using Fibonacci to follow a canned script for 'predicting the future' - then it would not be predicting the future whatsoever. As best I can tell, predicting the future is quite difficult and for myself, anyway, damned near impossible.<br /><br />However, my point in sharing this information is first to show how all the various key pivot points are not as randomly organized as one may otherwise think. I find that interesting, personally.<br /><br />Secondly, as so much in nature can be described in terms of Fibonacci relationships it should not be some surprise to discover that mankind also tends to organize its creations - including the stock market - in ways that, at least subconsciously, relate to Fibonacci. <br /><br />And thirdly, as many humans are indeed consciously aware of Fibonacci in the stock markets, to some extent I imagine these Fibonacci relationships become 'self-fulfilling' prophesies. Therefore, when I shared the 'Fibonacci show off a little for us' chart, my point without directly saying so is that we are likely at a key turning point because there are probably enough people who know what the chart says and who will become convinced to take a new direction in their thinking.<br /><br />Moving averages on a chart have the same effect on people as my third Fibonacci point. I often amuse myself with looking at charts and guessing how far a particular rally will go before it runs into trouble. Once I spot a key moving average overhead or, God forbid, an imaginary price trend line, that is where I tell myself the rally will hit the wall.<br /><br />Guess what? I'm usually correct. And the only way in the world I can perform such feats of 'seeing into the future' is that I know everyone else sees what I see and will try to act on it before I do. John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-79258970085161589662013-07-02T17:00:18.751-05:002013-07-02T17:00:18.751-05:00This analysis appears to be highly dependent on th...This analysis appears to be highly dependent on the starting data point. It seems that if the the wrong point to start with is chosen, then the resulting prediction would not be correct.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-8997032824758771952013-07-02T16:22:50.772-05:002013-07-02T16:22:50.772-05:00thanks for doing this. at a time when most of us g...thanks for doing this. at a time when most of us gold holders are greatly in dismay, this is a Ray of hope and understanding.<br /><br />you have done Gods works here. much more so than any goldman sucks fellows I know. with some reading and work, many can extrapolate from this.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-77187768724168023482013-07-02T11:43:57.316-05:002013-07-02T11:43:57.316-05:00Once again I am keenly interested in your work. B...Once again I am keenly interested in your work. But as the questions above suggest, Fibonacci is often clear in retrospect. The trick is to predict the future with it. I think your show-off chart suggests a positive near future for the HUI.<br /><br />Thanks,<br /><br />JoeJosephhttps://www.blogger.com/profile/05860441819485928095noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-87767401639694775692013-07-01T08:05:13.866-05:002013-07-01T08:05:13.866-05:00Thanks John,
Thanks for the story! New to me and ...Thanks John,<br /><br />Thanks for the story! New to me and very interesting. Does Mr. Fibonacci have any insight into the future at all?<br /><br />TIA!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-68661452847145333022013-07-01T02:00:19.537-05:002013-07-01T02:00:19.537-05:00Dear John,
thank you for your exemplary work and a...Dear John,<br />thank you for your exemplary work and analysis.<br />Perhaps if time permits, you could use fibonacci and tell forthcoming time of gold and silver.<br />thanks once again for your time and efforts.<br />best regards<br />Anonymousnoreply@blogger.com