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Strategies & Market Trends : Harmonic Trading with The Phoenix -- Ignore unavailable to you. Want to Upgrade?


To: Jack of All Trades who wrote (782)6/17/2003 5:04:28 PM
From: the-phoenix  Read Replies (1) | Respond to of 941
 
XAU looks to be in breakout mode, and did not act as I had hoped. Was looking for that weekly triangle upper TL to hold at 79. $HUI broke to new highs today out of weekly ascending triangle and $GOX weekly trendline also being sorely tested here.

My best hope is a pullback into expiry. Max Pain is at 70. If it pulls back, I'm bailing my puts this week, because I no longer like this as a short.

I thought you had it going to 85, here?