Kind Words from Terry Laundry, Founder of T Theory

"Parker has sent me what I consider to be the most important refinements to T Theory I have ever received from anyone in an e-mail . . . which he calls Tweaking the 13th Advance Decline T." September 29, 2010

"Parker has sent me a very interesting concept which is the NY Advance Decline line divided by the put-call ratio . . . What he's done is introduce the idea of sentiment." September 15, 2010

"Parker discovered the Money Flow Ts . . . This is something like the Holy Grail in T Theory. You are always looking for something that will help you refine the peak date." October 17, 201

"Money Flow Ts are probably the greatest new thing I have seen in 20 years in terms of time symmetries." December 5, 2010.

Wednesday, April 6, 2011

$$ DGP Quadruple Top Breakout

DGP, one of the double gold ETFs, had a quadruple top breakout yesterday.  It currently trades at ~$44, and the new P&F price target is $59.  It could reach that level by the projected May-June top in gold.

Posted by at

4 comments:

  1. GeoApril 6, 2011 at 11:29 AM

    Correct chart, but wrong ticker in title, if you meant to comment about DGP.

    ReplyDelete
  2. PositionSizingApril 6, 2011 at 11:47 AM

    LOL Senior moment

    ReplyDelete
  3. Gold_GerbApril 8, 2011 at 12:02 AM

    PS, how do you view monthly MFI's.
    highly unorthodox?
    http://i53.tinypic.com/2uhl1z7.png

    ReplyDelete
  4. speculaterusApril 12, 2011 at 7:22 PM

    Parker: Your daily gld MFI was more or less right on (1-day early). Thank you! Your weekly GLD MFI is indicating up through June. Where do you see the current GLD correction likely to bottom?

    ReplyDelete

Subscribe to: Post Comments (Atom)