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Strategies & Market Trends : Technical Analysis With Charts

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To: MACD X who wrote (4349)3/6/2007 1:12:49 PM
From: Quasi2  Read Replies (1) of 6865
 
RE: Too early to short the rally just yet.

Hi Vernie

The link to your chart is not working could you post it again thanks. I'm getting the message "Your login has expired due to inactivity. Please login again." I've seen this before but forget what causes it.

Yes I agree, also looking and waiting patiently for short entries. Been expecting a little bounce any time soon, today gapped up, then sort of stalled, and now slowly moving up without a lot of conviction. Also it has yet to take out yesterdays highs on the major index's. Gotta have patience.

I like that GDX chart on the lunar cycles, very interesting correlation, strange but seems to be there, explanation ?? I hold some precious metal stocks and feel they will do well if this correction or bear really starts to take off. Unfortunately right now they are trading as commodities and people are taking profits. I think at some point they will become the alternate currency of safehaven, but that isn't happening yet.

thanks
Quasi
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