SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Group Theories

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: macavity who wrote (726)10/11/2003 8:45:07 AM
From: macavity  Read Replies (2) of 1017
 
IT Outlook: PM Complex.

Outlook: MIXED from BEAR

There are signs of life for the bulls - the decline is getting 'stochastic' support. This was hinted with the $HUI weekly chart turning up (though not the $XAU). IT_MOMENTUM is BULLISH for both indices.
We will see this week if this leads to a further rally in the PMs. For now I will wait rather than predict it. As the LT_TREND is strongly positive, I would look to just pick up some positive exposure when the stocks look up.
I may buy some of the e-mini gold or silver futures.


MO PVT PVTHIGH PVTLOW
$XAU #N/A BEAR 93.23 87.8
$HUI #N/A BULL 200.77 187.81
$AU BEAR BEAR 388.8 367.1
$AG BEAR #N/A 4.93 4.75


Outlook: MIXED

-macavity
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext