Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 672.04

-1.7%

Nov 13 4:00 PM EST

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To: Wayners who wrote (8629)	8/12/2010 5:21:12 PM
From: GROUND ZERO™	Read Replies (1) of 218791

I agree with you completely, we're heading toward deflation and the Fed will not be able to stop it, they're printing money 24/7 and it won't help... but, these charts reflect the sentiment of smart money and it looks 10 months ahead, the gold chart has given me a buy signal a week ago and gold has rallied from 1170 to 1217 with no effort at all... the longer term chart looks like a power house, so I would have to suspect that inflation may well be the second shoe to drop behind deflation... I'm certainly no economist, but I can read the charts, and the gold chart is screaming to be bought... of course, if the gold market collapses tomorrow, then I didn't post this message...<g> GZ

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