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 683.00

+0.2%

Nov 11 4:00 PM EST

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To: GROUND ZERO™ who wrote (49672)	5/5/2013 9:54:12 AM
From: Fintas	1 Recommendation Read Replies (2) of 218706

The Rally IS a bounce and only a bounce in Gold. I gave to areas to consider as to how high it can bounce: 1486-1512 or 1540-1556.. Once that is determined then HOW LOW. That is based on method and not madness. Regardless of the how low, I would not ignore the 1324 as a probability once it is determined whether the bounce stops at 1486/1512 or 1540-1556. I'd refer to that in my work as the safe number. Regardless of either high I still maintain my lows presented to you in a PM. Some will disagree yet that number is higher than what many others present. That means I'm expecting LOWER than 1324 before it's done. So trade away and enjoy the range both up and down. Here and now I'm focussing on SPY and I've given my view re timeline. I'm very comfortable with the targets I've considered. IMHO Fintas

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