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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?


To: ItsAllCyclical who wrote (1486)7/24/2008 4:11:38 PM
From: morokko65  Respond to of 3209
 
looks like $880 POG is very LT trendline support, I have begun nibbling on PM mutuals:

the-privateer.com



To: ItsAllCyclical who wrote (1486)7/24/2008 7:49:46 PM
From: SwampDogg  Respond to of 3209
 
Everybody and their dog is looking at that H&S on the index. What stands out for me is that everything since that Nov '07 high looks to be 3-3-3-3-3 and this may be some very complex consolidation that will hound.
I would see an impulse off the Aug '07 low into nov '07 and then a ABCDE. Wave 3 ahead and boy has it taken a while but good things are worth waiting for. Any break back above the 200 day on the $GDX would be sign that this is right.