He made the same calls many months including as far back as August ( could be longer I didn't check ) and issued several strongly worded shorts on metals PRIOR to Silver going up in a parabolic fashion. If we are to look back at the last time Silver was at $34 it wasn't all that long ago really. I used to trade calls on Silver miners in 2009 and timing your trades is far more important then knowing that the underlying will rise ( or drop ) eventually. I might be stating the obvious but this GrandSuperCycle guy doesn't seem to understand trading. I'm not sure how useful this guy is, claiming the S&P 500 is going to have a massive correction back when it was only around 1000. How on earth would you even trade with that margin of error ? Hey, I'm sure there some on here that are impressed when he says "Rising Wedge on Silver showing signs of Weakness" a few hours AFTER Silver corrects 12% overseas. I'm not easily impressed, because my trades have to be timely and make money more so then not. The funny thing is using his logic, almost every stock market in the world is in a "Rising Wedge" since March 2009. So once the bull market ends, the wedge will be broken, and he can claim Sweet Victory. This is inevitable, no trend lasts forever. This is how he "Called" the last Market Crash, just predict it infinitum another one will eventually occur.
NINE ENDER, WE ARE STILL WAITING FOR YOUR RESPONSE. --------------------------- 05-05-11 Nine_Ender I'm glad I (temporarily) took you off ignore as I've just discovered another of your foolish emotive outbursts. If you had used your brain and actually looked at the chart, you would have realised that the silver chart I refer to is dated April 27 and posted April 28. So my call was indeed correct. http://stockmarket618.files.wordpress.com/2011/04/2011-04-27_xagusd_wk_x.png Seems you are illiterate. And a frustrated troll. -------------------------------------------------------------------------------- Quote from Nine_Ender: 05-02-2011 Silver already tanked in the premarket idiot. Only a FRAUD like yourself would post this kind of bs AFTER the underlying dropped 12% shortly after 6 pm Sunday night. --------------------------------------------------------------------------------
Pretty much the way I read it, no wonder he needs to go around on a bicycle with such sharp market calls...
EURUSD daily chart turns more bearish. The overdue dollar rally gets closer. ---------------------- luisHK Your infantile 'little bicycle' commentary is beyond embarrassing and also reveals your ignorance regarding Grand Supercycle. Hint: it has nothing to do with transport.
EURUSD daily chart has now rolled over and as it was so overextended it really fell out of bed. The weekly channel pattern remains valid. AUDUSD and NZDUSD are still tracking bearish/sideways DOW/SP500 and I expect them to roll over together. As mentioned before â leading indicator COPPER gave the warning some time ago.
EUR/USD at 1.3805 at the time of this short call. You now state it has "Corrected" which brings it to 1.4316. Loss on your "trade" - 3.7% Annualized loss - approx. 14.8% GET A CLUE BUDDY. THE FRAUD ISN'T SELLING.
Nine_Ender states: 'EUR/USD at 1.3805 at the time of this short call' You don't seem to understand something very basic. YOU ARE REFERRING TO MY ANALYSIS AND OPINION. NOT MY TRADES. Don't you understand the difference ? Are you really this STUPID or maybe a clever troll baiting me ? Why don't you quote the actual trades from my blog ? Including the losing ones. Nine_Ender, seriously mate i'm sorry but you really do need help.
AUDUSD megaphone top warns of significant equity and commodity downside. Chart posted April 27 and May 4. Despite all the intervention and protracted distribution, the top is in for many markets according to my analysis. Lets' see if i'm right. Regular readers will be familiar with the summary below originally posted Feb 16, 2011. Some started their move last week: copper, crude,euro, precious metals. <em>When DOW/S&P500 correction gathers momentum, I expect: UP ~ USD, various USDXXX currencies, VIX Index DOWN ~ EURUSD, AUDUSD, NZDUSD, GOLD/SILVER, Base metals like COPPER etc, CRUDE OIL.</em>