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Strategies & Market Trends : Lao Ou's Personal Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Lao Ou who wrote (27)2/12/2005 9:21:43 PM
From: Lao Ou  Read Replies (1) | Respond to of 42
 
Gold sector is the best bet right now after two days sharp up.
I got some in on Thursday while it was perfect to get into on Wednesday (Feb. 9) if you look at the candle.

Now it may be in a medium-term (a few months) bottom. Let us examine a few charts. I was just looking at the previous message and interesting to see that MDG 9 and 12 ema went from above 12 and 26 ema into below just a few days before big turn around and now they are above respectively again.

Look at daily $gold, $silver and a strong stocks.

stockcharts.com[w,a]daclyyay[dc][pc9!c12!c26!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G

9 and 12 not over 12 and 26 yet, also +DI and -DI not cross yet.