Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

COHR 142.11

+2.8%

12:57 PM EST

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To: GROUND ZERO™ who wrote (997)	3/31/2014 7:00:50 PM
From: Kirk ©	Read Replies (1) of 26543

yeah, while checking my charts and emailing with you re gold, I saw that DOW chart for my daily update of my models. I'm getting alignment between an "all clear" and the perverted H&S breakout for the DOW. For gold, or any H&S, perverted or not, the H&S pattern isn't valid until a complete shoulder is formed then it triggers when you break the neckline. Breakouts that are tested from above are even more powerful Head & Shoulders Bottom (Reversal) Pattern \| Money Definitions There is a good test of the neckline from above in that link and I've got many shown for individual stocks I follow in my monthly newsletter. Gold, I mentioned last week in your forum, I took a small, personal GLD position based on charts I posted at Gold and GLD Resistance and Support Levels . In my newsletter, I've used biotech rather than Gold as I like the higher volatility and I prefer investments but my guess is they will explode to the upside too if gold takes off....

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