Thursday, September 17, 2015
CARTEL~BUSTER ! GDX-RING Speedo for Sept 16 posted
Now if memory is correct 25, 21, 26, 33 were the prev four readings, left to right, near to far. What can it tell us ? Nothing but it can give us a basis for educated guesses. My scientific wild guess is that we will finish out this week with a weak follow on rally for Thurs & Fri, take us up to perhaps 60, but short of igniting a rally. My underlying feeling is that we will settle down into (-)Minus territory by end Q3, and that in Q4, some unavoidable issues will be recognized that light a fire under the PM's in large measure.