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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG
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To: Eva who wrote (30980)8/31/2011 3:33:05 AM
From: akgoldbug$20K  Read Replies (1) of 48092
 
Here's a tight look at GC $gold.
The pivot system is quite elegant.
screencast.com

The Pivots worked perfectly from 1760s to 1900s See entry and target.
Entry yellow dash and exit green solid line took you out in 1900s.

Now we retraced and did not test 50% and are "stuck in the middle with you" on the standard fibs (blue).
The near term ABC targets 1911, If we get up there, look out above. If we fail?? all markets need to cool off.
Sept Oct suprise? Or are we done correcting and off to races?

GDXJ is a hedge or sell in here.
Jim
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