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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 408.23+2.3%Dec 22 4:00 PM EST
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To: jrhana who wrote (13548)5/2/2008 9:12:54 AM
From: Andrew  Read Replies (1) of 29622
 
One of the biggest problems with the markets these days is that everyone is a technician. This has also created great volatility and opportunity IMO. Just look at CNBC they talk about technicals all the time, its gone mainstream.

For me personally TA makes me a living and certainly not just in Gold stocks. In fact I have mostly stayed quite clear of Gold stocks for a while holding only a few beaten up juniors now.

I also continue to only use the simplest TA methods like trend lines and MACD leaving all the special stuff to the experts <g>
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