GOLD 0.51% $1,391.7 gold futures

489.50 gold to boom boom tonight!, page-23

  1. 10,248 Posts.
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    Jenkins stuff will blow your mind, for example every peak and bottom in the market (price wise) shows the cycle that the market is on and the corresponding peak, bottom will have a relationship to this, the headache is finding what relationship.

    For example the bull market leading into 1987 bottomed at 770, the bull market peaked in August 1987 exactly 7700 trading hours from that low. Its a massive task to find the relationship, it can be seconds, minutes, hours, days, months, years, but every peak has a relationship.

    Golds bottom before its bull market was 255, we see 255 weeks early Jan 2006 which will could be a very important point - I doubt it unless it has a massive, massive rise to find some angles, but its just stuff like that you got to know.
 
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