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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 670.31-1.1%Nov 6 4:00 PM EST
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To: GROUND ZERO™ who wrote (49736)5/6/2013 9:41:15 PM
From: Machaon  Read Replies (1) of 218554
 
I took a light nibble long position in gold, silver, and platinum...
I appreciate this information. I'm holding a small position in SLV. I view the volume levels, that kicked in after the significant drop during the middle of April, as bullish. I think that the current levels are more in line with "natural" price inflation, and value, over the past decade. So I kinda like SLV at these levels.

Relatively light volume, today, in both GLD and SLV. The small volume, after the mornings session, reminded me of the drip-drop of a leaky faucet. No one in a hurry to buy or to sell?

So...... I'm sitting here, hoping that SLV will go down so I can pick up another piece at a lower price. At the same time, I am hoping that your model issues a buy signal, so I can buy another piece at a higher price? This goes against my constitution, but I am anxious and eager to try a better system.

Thanks for your update!
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