ole 49r,
Oh all right, I have a hard time holding a grudge, what was that, 45 minutes? I did hit next btw, after I read it ggggg.
I'm willing to post and make up as long as you educate me. So here is your chance, please, as much as you can, be gentle.
I do a lot of charts on what I invest or trade in. I do not invest in or trade in metal through futures or options, though I do have some physical in possession. I do invest in metal stocks, oil stocks and only occasionally, but not recently, in techs. Hence I am quite likely guilty of transferring what I know about stock charts to physical.
Therefore the statement about the spike today. So you tell me why you reacted so severely to that comment.
OTOH, with the retrace on POG yesterday, to about 279, for example, I thought was bullish, as it was a partial retrace into the gap and that I have found to be a healthy chart move with stocks.
What I would like to see in POG spikes, and I am talking intraday here, is to see any downmoves limited by a Fibbonaci number or a support level. For interday moves, I would consider it bullish to maintain previous support levels on any moves down. For example, a trader I know on the floor said that the close today was right above a previous resistance level. Would you agree on that? So now, educate me!
BTW, I do consider the remark "Man, you're full of it" a personal attack, especially on first greeting.
The handle "Roebear" has at least seven meanings.
You have guessed one, the roe of the salmon and the bear that eats the salmon, signifying the eternal journey, predator and prey, yada yada...you have to excuse me, I did list literature as one of my interests.
And I was NOT pontificating, I'm not even Catholic!
(?)Regards,
Roebear |
