GOLDTRADER'S GROUP: 9/28/08

Friday, October 3, 2008

2:15PM PDST AFTERNOON CLOSE FRIDAY FOR THE WEEKEND

AT LEAST GOLD MANAGED TO CLOSE

IN A RALLY AT THE END.

AND BROKE UP AND OUT OF THE BLUE

DOWN FLAG WHILE STAYING WITHIN

THE UP TREND CHANNEL (white lines)

1:35PM PDST GETTING NEAR THE AFTERNOON CLOSE

1:05PM PDST GOLD RALLIES 61.8%+

1 HOUR AND 10 MINUTES UNTIL THE FRIDAY

AFTERNOON CLOSE AT 2:15PM PDST

LIGHT VOLUME ON THIS RALLY WITH NOT

MUCH HELP FROM OTHER MARKETS.

MAYBE PEOPLE WANT SOME GOLD OVER THE

WEEKEND WHAT WITH THE BAILOUT BILL

SIGNED AND EUROPE WORKING ON THEIR

VERSION THIS WEEKEND.

DOLLAR SANK TODAY TO .8047 FROM THE

HIGH AT.8125.

MUCH MORE CALAMITY TO COME EACH DAY

AND THE BAILOUT MONEY JUST ISN'T

ENOUGH TO PLUG A TINY HOLE IN THE DIKE

11:55AM PDST GOLD TRYING TO BREAK THRU THE TOP LINE OF THE DOWN FLAG

11:30AM PDST GOLD RALLY STRUGGLES ON LIGHT VOLUME

11:10AM PDST GOLD RALLIES 75%+ THEN PULLS BACK, AND RALLIES AGAIN

10:56AM PDST AFTER THE CLOSE

NOTICE THAT THE RALLY INTO THE CLOSE

WAS ABORTED IN THE LAST TWO MINUTES

THANKS TO THE GUV'MINT MANIPULATING

THE MARKET SO THE BAILOUT BILL WILL

LOOK LIKE IT HAS SOME EFFECT ON THE

MARKETS.

THANK GOODNESS GOLD IS NOT RALLYING

STEADILY IN ELECTRONIC TRADING, ON

REASONABLE VOLUME AND A STEADY RISE

BEYOND WHAT IS SHOWN ON THIS CHART

AS IT IS RISING WHILE I TYPE.

10:19AM PDST COMING INTO THE DAY CLOSE

8:01AM PDST GOOD RALLY NOW THE PULL BACK, THEN HIGHER??

7:16AM PDST EURO FALLING

ALL MARKETS VERY VOLATILE, ALMOST

IMPOSSIBLE TO COMMENT AS THINGS

CHANGE SO FAST.

6:55AM PDST THE PULL BACK BEGINS

6:44AM PDST GOLD MOVES HIGHER TO NEXT 75% POINT OR EVEN HIGHER?

GOLD'S RISE SLOWING, A PULLBACK IS

LIKELY, ESPECIALLY AS IT APPROACHES

THE NEXT 75% POINT AT 84510. A PULL

BACK TO THE TOP BLUE LINE OF THE

DOWN FLAG FOR SUPPORT IS TO BE

HOPED FOR, MEANS HIGHER PRICES

6:39AM PDST GOOD RALLY OFF THE LOW, A PULL BACK FROM THE 75% POINT AT 83780, THEN MORE RALLY?

6:28AM PDST ANOTHER PULL BACK TO THE LOW, AND THEN SOME RALLY?

COULD BE A GOOD BUY IN POINT ON A

PULLBACK TO THE LOW AT 82250, BUT

DEFINITELY COULD GO LOWER IF THE

PANIC CONTINUES, EURO BEGINNING TO

RALLY.

GOLD HAS FALLEN BELOW 82850 LEAVING

THE ONLY MAJOR LOW LEFT DOWN AT THE

BOTTOM AT 73980, SO STAY ALERT TO A

SUDDEN SELL OFF AND RECOVERY RALLY

THAT WILL BE THE BUY POINT OF ALL TIME!

6:25AM PDST GOLD TANKING BIG TIME

JUST LOOK AT THE CHART.

THE PURPLE DOWN FLAG RESOLVES UP

BUT GOLD COULD RETRACE TO 81320 OR

78780 (75%) BEFORE RALLYING.

THIS IS SIMPLY A PANIC SELL OFF FOR CASH

AS NOBODY SEEMS TO UNDERSTAND THAT

THE DOLLAR IS BEING TRASHED BY THE SECOND

AND WILL ULTIMATELY BE TOILET PAPER!

JUST ENDURE THIS INSANITY AND REMEMBER

THE FUNDAMENTALS!

6:09AM PDST TRADING "BLOCK" HOLDING, BUT COULD GIVE WAY TO LOWER PRICES

DOLLAR WAY UP, EURO UP AND DOWN WILDLY

DOW DOWN, BONDS UP AND DOWN,

WILD MARKETS.. VERY VOLATILE

5:55AM PDST GOLD SELLS OFF

EURO IS FALLING, GOLD RETRACES 75%

TRADING "BLOCK" EXPANDS (new lines drawn)

COULD GO LOWER, VERY LITTLE TIME TO

SEE ALL THE DATA COMING IN, VERY FAST

MARKETS, HARD TO TRADE AND COMMENT

5:33AM PDST LOOKS LIKE A HEAD FAKE ON THE OPEN

GOLD OPENS UP ON GOOD VOLUME, BREAKS

ABOVE THE "BLOCK", THEN PULLS BACK A BIT,

THEN GOES A PINCH HIGHER, JOBS REPORT COMES

OUT AND GOLD TANKS, WITH A QUICK BOUNCE.

ALL IN SECONDS! VERY WILD TRADING.

A FINANCIAL KNIFE FIGHT IN PROGRESS

5:18AM PDST PRE-OPEN SELL OFF ON LIGHT VOLUME

5:00AM PDST THE FIVE O'CLOCK PRE-OPEN SELL OFF BEGINS

FRIDAY 4:16AM PDST OVERNIGHT AND MORNING GOLD

GOLD DID NOT MANAGE TO BREAK ABOVE

THE TOP OF THE "BLOCK" TRADING RANGE

AT 84970, BUT FURTHER TRADING CREATED

AN UP FLAG (white lines) WHICH RESOVES DOWN

THE BLOCK, OR LEDGE, IS WHAT PRICED FALL

OFF OF, SO TWO PATTERNS IMPLY MORE

DOWNWARD PRICES.

THE FALLING EURO AND A STRONG DOLLAR

ISN'T HELPING EITHER.

MOST FINANCIAL COMMENTARY ON TV HAS

DEVOLVED INTO SPECULATION OF THE "VALUE"

OF THE TOXIC CRAP TO BE PURCHASED BY THE

GUV'MINT, AND HOW MUCH TAXPAYERS WILL "MAKE" HAHAHA

LATER. WHAT IGNORANT BULLSHIT!

THAT MONEY IS GONE...HISTORY...KAPUT, NEVER COMIN' BACK!

Thursday, October 2, 2008

8:49PM PDST A PULL BACK? OR HIGHER?

8:42PM PDST GOLD RALLIES ABOVE THE 75% RETRACE POINT AT 84570, NOW A PULL BACK?

GOLD COULD STAY IN THE "BLOCK" TRADING

RANGE FOR A WHILE, OR MOVE HIGHER.

VOLUMES DON'T TELL ME MUCH RIGHT NOW.

6:18PM PDST LINES RE-DRAWN

THE BLUE UP FLAG HAS TURNED INTO

A "BLOCK" OR SIDEWAYS TRADING RANGE

OR A "LEDGE" FROM WHICH THE PRICE MAY

FALL. NIGHT VOLUMES DON'T LEND MUCH

TO PREDICTING DIRECTION OF TRADING

UNLESS THEY BECOME QUITE LARGE (like

in the thousands!).

THE CHARACTERISTICS OF THESE MARKETS

ARE EVOLVING RAPIDLY, SO WHAT WOULD

BE CONSIDERED LARGE VOLUMES, ARE BECOMING

"TYPICAL" DAILY VOLUMES, AND AT NIGHT ALSO.

I WANT TO BELIEVE THAT THE WORLD IS SEEING

ALL THIS GUV'MINT MANIPULATION FOR WHAT IT IS...

A COMPLETE CHARADE... BUT ENOUGH LEMMINGS

STILL HAVE FUNDS LEFT AND ARE WILLING TO

PLACE THEIR BETS WITH THE GUV'MINT AND

ARE FOULING UP THE NATURAL COURSE OF EVENTS.

BELIEVE IN THE FUNDAMENTALS IF YOU WANT TO SURVIVE THIS MESS.

8:10PM PDST EVENING GOLD

READ THE PREVIOUS POSTS AS MY PREDICITIONS

REMAIN THE SAME.

GOLD WILL PROBABLY FALL TO ONE OF TWO

IMPORTANT LEVELS BASED SIMPLY ON

HISTORICAL TRADING PATTERNS AND

FIBONACCI RETRACEMENT POINTS.

POLITICS GENERATE THE MOVES...

FIBONACCI RETRACEMENT LEVELS TELL

YOU WHERE THE MATHEMATICAL PROBABILITIES

ARE, AND FIBS ARE PURE MODERN DAY MAGIC!

SO USE THEM

8:00PM PDST

GOLD DIPPED BELOW THE UP FLAG..

BUT NOT TO A NEW LOW BEFORE MOVING

BACK UP JUST UNDER THE BOTTOM OF

THE UP FLAG WHICH IS NOW RESISTANCE.

TONIGHT'S TRADING IN ASIA WILL DETERMINE

MUCH, AS WELL AS THE POLITICAL SHENANIGANS

IN CONGRESS ON THE BAILOUT BILL.

THESE PEOPLE WILL CONTINUE TO FUCK THINGS

UP UNTIL THEY ARE BEYOND REPAIR (they already are,

but most people just don't know it!) WHICH IS GOING

TO KILL MASSES OF PEOPLE IN THE WORLD DUE

TO LACK OF FOOD AND OTHER NECESSARY RESOURCES.

IF YOU THINK YOU ARE IMMUNE, YOU ARE NAIVE!

ULTIMATELY, DISEASE GETS YOU, NOT STARVATION.

7:54PM PDST EVENING GOLD CHART

THE LITTLE (blue lines) UP FLAG DID RESOLVE

DOWN...JUST NOT VERY MUCH...THANKFULLY,

AS I DON'T EVER WANT TO SEE GOLD FALL

JUST SO I CAN GET A BETTER BUY.

ASIAN TRADING WILL DETERMINE A GOOD

DEAL OF GOLD'S DIRECTION BY MORNING,

THEN THE HOUSE VOTE ON THIS USELESS

"BAILOUT" BILL WILL KICK IN.

TONIGHT'S VP DEBATE IS A TOTAL FARCE.

CANNED RESPONSES DESIGNED TO BE CHEESE

FOR US RATS TO SWALLOW WITHOUT ANY

THINKING. PURE HIGH SCHOOL CRAP!

ALL CANDIDATES FOR OFFICE SHOULD BE

VOTED OUT!

EVEN A LITTLE OF THE SAME...

MEANS MORE OF THE SAME!

THE LARGER VIEW, BUT NOT THE BIG PICTURE

THIS MAJOR DOWN FLAG IS WITHIN THE

SUPER MAJOR UP TREND AND SHOULD

BE THE LAST MAJOR DOWN FLAG IN THIS

CORRECTION IN GOLD BEFORE GOLD TAKES

OFF TO NEW HIGHS THRU THE END OF THE

YEAR AND BEYOND

2:15PM PDST AFTERNOON CLOSE

THE HOUSE OF REPS MAY VOTE ON THE

BAILOUT BILL TONIGHT. SHOULD SHAKE

THE MARKET A BIT.

1:20PM PDST GOLD TESTS THE BOTTOM LINE OF THE BLUE UP FLAG

GOLD DROPPED TO THE BOTTOM LINE

OF THE UP TREND FLAG (blue lines) AND

THE LINE HELD..IT MIGHT NOT LATER,

BUT I BOUGHT ONE MORE LOT OF MAPLE

LEAFS FROM MONEX 1-800-949-4653

(Kathy Lucatero ext.2276 is my account rep.)

My other funds are waiting to be used to buy

as many contracts as I am able to afford

if, and when, this market bottoms and hold them

for a major move up, where I will take my profits

and buy more gold coins on the first good pull back

and also rebuy futures again. After that, depending on

how close we are to Dec Gold Expiration on Nov 30, I

will rebuy my contracts in Feb09 or April09 and only

trade one third of them per the "Sinclair Method" of

holding on to at least a third of your core position.

Rinse an repeat until I have enough to enjoy my last

days, then I'm going to devote my time to enjoying

Nature and helping people save their remaining assets

and do what it takes to get the criminal bastards who

caused this mess indicted for Treason and Crimes against Humanity.

11:28AM PDST GOLD GETTING READY TO FALL OUT OF THE UP FLAG

11:05AM PDST GOLD BEGINS THE SELL OFF?

10:50AM PDST GOLD STARTS AFTERNOON TRADING

10:14AM PDST EXPECT A SELL OFF BEFORE, ON, OR AFTER THE DAY SESSION CLOSE

HOURLY GOLD VOLUMES OF COMEX FUTURES CONTRACTS

TIMES PACIFIC ZONE

5AM= 27.9K DOWN
6AM= 17 K DOWN
7AM= 33.8K DOWN

8AM= 14.8 UP

9AM= 7.77K DOWN

9:46AM PDST GOLD IS HOLDING ABOVE THE TOP LINE OF THE WHITE DOWNTREND LINE

SO FAR GOLD IS FINDING SUPPORT AT

THE TOP OF THE WHITE DOWNTREND CHANNEL

WHICH IT JUST BROKE OUT OF.

I STILL DON'T HAVE ANY FAITH THAT GOLD

WILL HOLD HERE, ESPECIALLY AS THE HOUSE

HAS NOT YET APPROVED THE BAILOUT BILL.

IF GOLD TANKED ON THE SENATE'S APPROVAL,

WHAT WILL THE HOUSE APPROVAL DO?

JUST BUY ALL YOU CAN ON THESE DIPS AND

GET READY FOR THE RIDE OF YOUR LIFE THROUGH

THE REST OF THIS YEAR AS GOLD LIGHTS THE

AFTER BURNER

9:07AM PDST GOLD COULD STILL FALL TO THE BIG 75% POINT AT 78780, BUT AT LEAST TO THE PREVIOUS LOW AT 82850

GOLD TRIED TO BREAK UP AND OUT OF THE

WHITE DOWN TREND CHANNEL, BUT FELL

BACK TO ITS TOP LINE (possible support)

CREATING A BLUE UP FLAG WHICH

RESOLVES DOWN..GOLD SHOULD

FALL FURTHER BEFORE FINDING A BOTTOM.

THERE CERTAINLY IS NO CONFIRMATION OF

A BOTTOM HERE AS ALL THESE MARKETS ARE

TRADING WILDLY STILL UNTIL THIS BAILOUT

AFFAIR IS FINALLY SETTLED.

ONLY THEN CAN WILL BE SEE SOME DIRECTION

IN ALL THE MARKETS

7:45AM PDST THERE COULD BE A TURN AROUND AT 82850 THE 50% RETRACE POINT OF THE WHOLE UP MOVE FROM 73980

GOLD HAS FALLEN TO 83350 SO FAR

7:36AM PDST GOLD FALLING AGAIN

WHAT A GREAT DAY TO BE SHORT GOLD!

7:18AM PDST LARGER DOWN FLAG ALSO RESOLVES UP

BE VERY CAREFUL HERE IF YOU ARE TRADING

THIS MARKET.. CASH BUYERS, HAVE NO FEAR

GRAB ALL YOU CAN FIND BECAUSE, AS YOU KNOW,

CASH GOLD IS GETTING HARD TO ACQUIRE,

PREMIUMS MAY SHRINK TEMPORARILY, BUT I DOUBT IT,

AS THE MARKET VENDORS KNOW WHERE GOLD IS GOING AND

THEY ARE NOT GOING TO GIVE IT AWAY CHEAP!

7:15AM PDST LITTLE DOWN FLAG RESOLVES UP, GOLD MAY RALLY FROM HERE

UP VOLUME IS PICKING UP ON THE BUY INS

6:59AM PDST GOLD FALLS OFF "THE LEDGE"

HOW DID A 450 PAGE BAILOUT BILL GET WRITTEN IN JUST TWO DAYS?
AND STUFFED WITH "EAR MARKS" FOR NON-RELATED CRAP.

BECAUSE THIS WHOLE THING HAS BEEN PLANNED OUT LONG AGO
IN PREPARATION FOR THE NEW WORLD ORDER TO BE PUT INTO EFFECT
ON THE BACK OF AN ECONOMIC COLLAPSE WHERE THE MASSES WOULD "BEG"
THE GUV'MINT TO "SAVE" THEM.

THIS "ECONOMIC CRISIS" IS JUST THE NEW "PEARL HARBOR" EVENT, LIKE THE
9/11 FALSE FLAG OPERATION, THEY NEEDED TO PUSH THE MASSES OVER THE EDGE
TO GIVE UP NOT ONLY THEIR CIVIL RIGHTS AND LIBERTY, BUT THEIR ASSETS AS WELL.