GREY:ALXDF - Post by User
Post by
goldopportunityon Oct 27, 2017 8:21pm
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Post# 26870880
Fwiw......
Fwiw......Alxdf closed at usd .0484 = cdn .0623 (boc 1.2874 close)
Inside day all around. Here's what I think is going on in the collective mind of the mm idiots who trade alxdf. They know full well that the sp is way out of whack with the fundamentals, especially with that stellar nr the other day. They also know the gold stox have been ravaged and savaged to pieces these last couple of weeks. So they "can't allow" a laggard like alexandria to zoom up just yet. But they do the next best thing to give us a bit of a soft landing, and keep their professional image intact. They blatantly manipulate the sp so it stands just about where it was when the carnage first began with other gold stox. At least that's how it looks to me. What say you?
So basically, we're no worse off in the sp then we were 2 weeks ago. Whereas just about all gold stocks we know have lost considerable market cap in the same time frame. What happens next?
Bottom-line:
It looks to me that generally the gold indices are going to rally early next week. Alexandria will rally as well. Although today's closing candle suggests upside movement on monday, some of the chart technicals (and a bit of left-brain thinking) indicate to me that we may see a brief intra-day rogue trade(s) below today's low. Could be wrong, but best to be forewarned.
The st techs have come down sharply this week. This is very bullish as it gives us ample breathing room to move to higher ground. So enjoy your weekend, folks. Always stand your ground. Jmvho.
goldopp