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.
Politics : Welcome to Slider's Dugout

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bullbud who wrote (9366)4/24/2008 2:33:25 PM
From: Nihontochicken  Read Replies (2) of 50721
 
If history repeats, or at least strongly rhymes, then look for a POG drop down toward the Aden 65 week MA (currently about 760), RSI to go below 50, MACD to hit zero, and DMI+ and DMI- to touch and tango for a while while $Gold consolidates. Next liftoff in maybe a year or so, give or take a few months. So what do we do to amuse ourselves in the meantime???

tinyurl.com

NC

P.S. - $Silver is temporarily hanging tough compared to the last two spikes, after which it drove down through the 20 week MA rapidly, this time showing a hangup, like Wile E. Coyote grabbing a branch on the way down the cliff. Still would expect it to eventually hit the 65 week MA, currently about $14.50 and flattening out.

tinyurl.com

Same comments for RSI, MACD and DMI. Last two consolidations (virtual twins) took about 17-18 months, and we're less than two months into this one. So where else can we more actively lose money??? ;o)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext