I keep accessing the file in different windows, just to make you feel someone’s checking it out :)
Honestly, thanks for sharing BNC, I’ll have a chance to look at it properly later.
Are there any areas where you have questioned your (sub-wave) counts? Seems there could be a few interpretations from my glance through it earlier, although I’ve forgotten some of the principles/rules, so I need to do a bit of homework! (Not doubting your work at all, just curious if there are areas you considered under a few different interpretations)
As always, massively appreciated the effort and sharing. I’ll post any thoughts later, after I’ve done my EW refresher course!
Cheers BNC, please post it publicly, I know you sometimes end up getting grief by the usual lot, but I know a lot of people also appreciate the info, and a chance to discuss anything other than bloody viruses!
Sounds like have one more deeper drop on the horizon. Could be challenging for the nerves!
Keep your pecker up though, this won’t last for ever. Brighter skies follow the rain and all that
Hi BNC, I hope you’re keeping your chin up mate :)
When you have time, would be interested in your thoughts on where this leaves Solgold in your EW model?
As far as I understand it’s ‘news agnostic’ ie doesn’t look behind the reasons for price movements, only that they happen and how it affects the likelihood of certain patterns coming to pass.
When you looked before, ahead of the covid-related movements, we were looking at the lowest price to begin to understand what might come next, and the length of the next wave/a. I chuckled when saw the really low prices (can’t remember the Fibonacci %s, maybe 10/11p being 75%?).
These are extraordinary times, does this negate the calculations, does it get factored in, and if so what might it mean?
Thoughts/discussion appreciated! TheItalian, I think you looked at this too, your thoughts?
No need to apologise and sorry to call you out on it. But I think you’ll have a better experience of it with them filtered. Their noise ultimately makes little difference even if it’s depressing to read on many levels and downright BS half the time.
For the good of your mental health (and for the good of this board) please put a sock in it. You’re right to counter some of the ludicrous info being spread here, but you’re close to the filter bin yourself. Screeching, constant posts are hard to relate to and harder to read.
You’re in the right, but honestly tone it down. Half the board is made up of your repetitive posts.
There are a few (2 or 3) agencies like this in the NL, the example I’m familiar with are Atradius (energy export is one of the areas they support).
They come under the ministry of finance, and there are some state aid rules in the EU (my angle into proceedings) that wouldn’t apply in Ecuador so the terms they are able to offer may be better, but it’s essentially govt-subsidised exporter finance
I know a little re export credit agencies are set up by govt to promote exports, often focused on a specific sector, and one thing they often offer exporters is finance at a fixed, relatively cheap rate.
The example I know of is from the Netherlands, but I’m sure the principle is the same
When I’m annoyed about the current malaise, I like to remind myself how utterly ludicrous ColonelDrake (or whatever his name is) stated you to 20% of the UK population could die to the virus. Bwahahaha!
Ludicrous and downright deceitful scare mongering at its best. What a horrible piece of work. And just consider his other comments in the same light.
Thanks fully now filtered, I don’t need to hear this latest reincarnation absolutely obsessed with SOLG despite claiming the company is a dog.
Novice, you know I’m a LTH and don’t often criticise the company. But the drop is not down to world events. That may have in part been a catalyst (and a handy excuse) but the massive drop we’ve seen simply isn’t replicated elsewhere. Nor are Solg or any of its operations in currently high risk virus areas. Look at SXX for example - the SP has hardly been affected but here we are.
It’s to do with a) an opaque corporate strategy, b) withholding updates, c) missing self-imposed deadlines, and d) having insufficient funding to last mid-term.