tag:blogger.com,1999:blog-2643613788950912206.post7144347617623735037..comments2023-09-17T02:33:56.785-05:00Comments on The TSI Trader: US Dollar Index - Good Odds for a Melt DownJohn Townsendhttp://www.blogger.com/profile/13243755287314446656noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-2643613788950912206.post-77495157511003923032013-04-25T19:24:57.039-05:002013-04-25T19:24:57.039-05:00Hey Billy - well, I got under water when I went th...Hey Billy - well, I got under water when I went through a spell of not really paying attention to what I was doing. Then as things got to looking like they should have been done going down, and I was doubling and tripling and quadrupling down myself, the bottom fell out on the price of gold. So, I have been changing tactics and will come out a big winner, just over a different time frame than I am accustomed. <br /><br />You know, I'm in agreement with you that my TSI game, when I am playing it with my full attention, works pretty well. But I've also got to admit that when the market can move so irrationally and forcefully from time to time it makes that game a lot tougher. I view this spell as temporary though I am quite sure most have not been able to endure it. Anyway, I will just wait my turn - one of the great benefits of trading 'with' the direction of the bull.<br /><br />Over time the fundamentals trump the technicals. I can be patient and I do absolutely have a vision of what I will accomplish.<br /><br />John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-89997633030999742242013-04-25T18:05:58.894-05:002013-04-25T18:05:58.894-05:00John -
Like you I believe an irrational response i...John -<br />Like you I believe an irrational response in gold price will always correct itself as long as the fundamentals are unchanged. Selling on rumors of Cyprus liquidating reserves + ETF outflows + technical selling on stops = a cascade in a small market. This is a volatile game we play and is not for the weak-kneed. I'm using this period to collect dividends at ridiculously low prices in my long-term account (John Doody fan).<br /><br />A question, though. A review of your blog history shows an earlier propensity for trading short term based on TSI. Most of your recent blogs show a "sticking to my guns" longer term approach. Do you not think a NUGT/DUST/NUGT/DUST approach based on TSI would serve you better with your "play" money?<br /><br />BTW, thanks for your analysis and perspective.<br /><br />BillyAnonymoushttps://www.blogger.com/profile/07057247060211175015noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-53691467980655963932013-04-23T00:40:45.315-05:002013-04-23T00:40:45.315-05:00John is the dollar still doing its decline it seem...John is the dollar still doing its decline it seems to.have breached 82.6 or that red flore.you have Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-78466177376275963682013-04-21T18:35:07.443-05:002013-04-21T18:35:07.443-05:00New post:
http://thetsitrader.blogspot.com/2013/04...New post:<br />http://thetsitrader.blogspot.com/2013/04/how-much-further-can-golds-price-be.html<br />John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-4145940847560601542013-04-21T17:43:33.132-05:002013-04-21T17:43:33.132-05:00John,
any updates my friend.
John, <br /> <br />any updates my friend. <br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-86746423848899078462013-04-19T07:16:55.271-05:002013-04-19T07:16:55.271-05:00John,
We've all been pretty negative, I wante...John,<br /><br />We've all been pretty negative, I wanted to post something positive. This does NOT mean gold $5000, but it's worth a read: http://etfdailynews.com/2013/04/18/10-signs-the-takedown-of-paper-gold-has-unleashed-an-unprecedented-global-run-on-physical-gold-and-silver/<br /><br />AlexAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-81001991533450194332013-04-17T20:53:39.415-05:002013-04-17T20:53:39.415-05:00Really, John? Deflation fears all around, and you...Really, John? Deflation fears all around, and you think the USD is going to melt down? Come on.jc1965cahttps://www.blogger.com/profile/01217164420506282631noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-32888737999699215762013-04-17T15:35:44.292-05:002013-04-17T15:35:44.292-05:00I think it's important to keep our emotions ou...I think it's important to keep our emotions out of the game. There are many disputes about things like NUGT for example, easy fix.<br /><br />Math! If GDX doubles to about $60, NUGT will come in a little bit under $30 (because it decays overtime). Therefore, NUGT $76 -I think is unlikely. This washout soon be finished soon. As far as Gary, I agree that he is a bit too optimistic... Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-4810519230074349372013-04-17T14:58:48.707-05:002013-04-17T14:58:48.707-05:00John, i also disagree with you. Market is getting ...John, i also disagree with you. Market is getting soft and sell of is coming, so dollar will probably strengthen.<br /><br />I posted a cyclical chart here some time ago, major low was in early jan 13 for the dollar index.<br /><br />Good luck!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-60138430902106811472013-04-17T14:39:19.108-05:002013-04-17T14:39:19.108-05:00the dollar is going up big time... take a look at ...the dollar is going up big time... take a look at a weekly or monthly chart and notice the base pattern that resulted in the dollazr going to 120 on the index.. its the same base pattern. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-18875798856358745762013-04-17T14:27:54.790-05:002013-04-17T14:27:54.790-05:00This is the same report that smartmoneytracker pub...This is the same report that smartmoneytracker published.. what gives..also hes been wrong countless times what makes you think he will be right jOHN?Anonymousnoreply@blogger.com