Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Group Theories -- Ignore unavailable to you. Want to Upgrade?

To: macavity who wrote (757)	10/24/2003 4:13:35 AM
From: macavity	Respond to of 1017

ST Outlook: PM Complex. DAILY charts for $HUI and $XAU turned down. Though ST_MOMENTUM remains NEUTRAL Fortuneatly for me the metals are behaving better. With silver - $AG - providing the best looking ST chart. Who would have guessed it? IT signals are bullish, but until $XAU, $AU and $AG form new highs on MONTHLY charts, I will stay alert. IT Lows are quite some way down, so we can afford quite a deep ST pullback should we get one over the coming days. Long YGZ3 -macavity

To: macavity who wrote (757)	10/25/2003 10:51:59 AM
From: macavity	Respond to of 1017

IT Outlook : PM Complex Outlook: BULLISH from BULLISH/NEUTRAL BULLISH above IT_PVTLOWS Wow! What a good week for the G'Bugs! IT_TRENDOSCILLATORS= U/Midrange except silver which is L/Midrange. IT_CHARTS: MO PVT PVTHIGH PVTLOW $XAU BULL BULL 98.67 92.12 $HUI BULL BULL 220.88 200.52 $AU BULL BULL 392.6 370.3 $AG BULL BULL 5.21 4.92 Both stock indices have turned MONTHLY charts up, negating the possible negative connotations of this. Gold and Silver have yet to turn their MONTHLY charts up, but silver's behaviour looks well - crazy! Good action and charts all round especially with the mid-week small-bodied, small-range candle. The problem is that I am looking for a pullback, rather than a pause, to buy (more). If a pause is all we are going to get, then I think that one should look to simply average in with time and not worry (too much) about price level as there is the possibility that we just saw an expansion bar in WEEKLY charts- this usually results in a momentum market. Thursday/Friday was a prime time to pullback and we didnt! All members are above upward-sloping EMA21 and EMA55 in DAILY so with the IT_PVTLOWS there is good support below. I am probably being too conservative than I should be awaiting new highs in all of them. Long YGZ3 - but looking for more! -macavity