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

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Machaon

To: Machaon who wrote (54076)	8/28/2013 7:28:55 AM
From: GROUND ZERO™	1 Recommendation Read Replies (2) of 222099

I prefer the exponential DMA since it's weighted more heavily with the more recent prices, but others would disagree... but, either way, I personally prefer the exponential myself... this doesn't mean that silver is going to collapse from here, just that we could begin to see more of a struggle for silver overhead... my hunch is that silver will break above both of these 200 averages anyhow, the precious metals market is only beginning its bullish season and only reached the bottom of its 13 1/2 month cycle a few months ago... I'm still long gold and silver, and I have absolutely no plans on going short... And yet, you must keep in mind, I believe in the 50/50/90 rule... this means if I have a 50/50 chance of being right, then there's a 90% chance I'll be wrong... GZ

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