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 : Ride the Tiger with CD

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rubbersoul who wrote (110322)3/31/2008 6:23:39 PM
From: SwampDogg  Read Replies (1) of 312349
 
Everything looks in place for the next move up in the PM market. Would expect a major sign of strength by weekend and $HUI 600 in the next 6 weeks.
They sold down the PMs and gold but the volume was tiny on everything (in some cases 25% of the move on 03/20). That means blast off....GLD did 11 million today vs 28 million on the 20th
I would love to see gold hit the 905-912 area tonight to make it perfect (edit I see we already hit the 912 so good to go)
I see we are losing a few more bulls today...good news

Look at the daily volume contraction here

stockcharts.com
stockcharts.com

Even better

stockcharts.com

Retest on limp volume

stockcharts.com
stockcharts.com

Yep

stockcharts.com

And yes

stockcharts.com

Time for some fun after a rest of a couple of weeks and the sentiment is the best yet
See ya' at the top:)
U stocks just about ripe with blood
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext