Global Platinum & Gold (GPGI) Message Board

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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

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To: JACK R. SMITH JR. who wrote (5419)	3/25/1998 10:57:00 PM
From: TATRADER	Read Replies (1) of 14226

Jack, I have become very short-term oriented, and will tell you why I have not taken a position yet in this stock...I now follow a trend indicator called ADX which measures the strength of a trend..As long as the number on the ADX increases when the -D1 is greater than the +D1, it means the downtrend is still in place...GPGI has an ADX that has gone from 26, to 27 to 28 today...So I wait for this indicator to freeze up and halt its upward advance before I entertain entry...Looks like someone may try to test sub 1.00.....I have been gone from this thread a long time, and still am hoping that Jensen can oneday pull off his miracle...It looks like you still believe...You have quite a faith...Mark

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