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 670.92

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Nov 7 4:00 PM EST

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To: Zincman who wrote (38889)	10/12/2012 2:14:38 PM
From: GROUND ZERO™	Read Replies (1) of 218597

Yes, I saw that when you posted it the other day, that chart has been haunting me ever since... I'm beginning to think you're right... besides, the daily chart pattern for gold and silver both look very toppy, but it's easy to get bullish with all the QE chatter... I'm flat the metals right now and I think I'm going to stay away from them until the rally in the dollar shows legitimate signs of topping out... thanks again for that chart, it's an excellent illustration of a toppy market in the face of everyone being so bullish the metals... I was actually short both gold and silver early this week, but got spooked out... GZ

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