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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: marci58 who wrote (77757)3/13/2007 10:53:09 PM
From: whenitgoesup  Respond to of 314090
 
If you look at the 3 yr. Gold chart...the second chart on this page...

stockcharts.com

We are now looking like the end of the 10 mo. consolidation phase from the $456.87 high in late November '04.

After that it took almost a year to break out...we are now just about 10 months from the $730.40 peak in May of last year.

The patterns of those 2 time frames are almost identical.

With today's movements on the exchanges, I found it interesting that Gold barely budged.

One way or another, something exciting is going to happen, and it is going to be real soon IMO.