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

To: kidl who wrote (174015)9/6/2009 11:56:42 AM
From: 3bar  Respond to of 312821
 
kidl : Check out negative divergence of Macd and Major averages . In each case new highs on lighter volume and Macd going lower .

Gold traders looking at that . Plus the large head and shoulders consolidation pattern makes for a great trade . imvho

Both are at resistance . Both will not be right .

We will know by next week probably .

jack



To: kidl who wrote (174015)9/6/2009 2:18:20 PM
From: robnhood  Respond to of 312821
 
Gold has held up through a huge deflationary pull down. That is what I am referring to, not the latest shot up.
To me this latest move is a continuation, and the Chinese story may or may not be true, nor have anything to do with the POG.
People always want a story or reason, and writers and columnists,right or wrong, provide one.
BWDIK?


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