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 695.16

+0.2%

Jan 12 4:00 PM EST

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To: GROUND ZERO™ who wrote (48699)	4/15/2013 7:49:26 AM
From: Fintas	Read Replies (1) of 221669

1390? Well that's a under ol 1412 isn't it? This now becomes the game of watch them jump off the ship. For those who track a bell curve this is a classic ex of a sector that sat in the 90's FOR A LONG TIME.. As it did the PM just kept going up till it hit it's wall. From that moment the selling began and has continued to where it recently stopped at 11 ish and after today that number will be lower. If the selling is become panic then that PM sector could retrace to where it low was in the past or under 3. We shall see. Yet today's action would suggest after a bounce GOLD goes lower. BUT first the low has to be known to determine the distance of the bounce. Like I said the other day this was going to be fun to watch and it is. Fintas

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