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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (13901)12/15/2008 11:32:03 AM
From: A Horse With No Name  Read Replies (2) | Respond to of 50061
 
slider no jack chan is not bullish . he says that gold stocks are stretched here and he is looking for a good risk reward setup. but i hope this rally holds till close and GDM closes above 824.(3 percent above resistance)



To: SliderOnTheBlack who wrote (13901)12/15/2008 3:50:02 PM
From: 8bits  Read Replies (1) | Respond to of 50061
 
Update:

Jack Chan just went bullish on Gold stocks Saturday...

gold-eagle.com

Bullish now!?!

AFTER most gold stocks have moved +50% to doubled,
and AFTER the HUI index rallied +120 points up
off the bottom.

I think Gold Eagle should make him turn in his TA decoder ring.

SOTB



No don't take away his decoder ring just yet :-), he didn't just go bullish:

321gold.com
For the week of 11/25:
GDX - on buy signal.
***
XGD.TO - on buy signal.
Summary
All four ETFs remain on buy signals this week.

321gold.com
For the week of 11/17.

GDX - on buy signal.

***

XGD.TO - on buy signal.

Summary
All four ETFs are on buy signals but no set ups. In order to execute our buy signals, we also need set ups and stops.

Note also that what he publishes on the gold bug sites is delayed by a number of days from his paid subscription service (you're free :-) . It looks as if he issued a buy between 11/17 and 11/25.