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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Cal Gary who wrote (8248)7/30/2010 4:24:22 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218515
 
Good question, but no... I use a completely different model for that market, not as precise, but still a good working model...

GZ



To: Cal Gary who wrote (8248)7/31/2010 4:41:04 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218515
 
Talk about gold, here's an interesting weekly chart for gold... this market appears to be in a long term bull market, although many would argue it's a bubble... but, it just doesn't look like a bubble, and September is typically bullish for this market... what do you think? TIA



GZ



To: Cal Gary who wrote (8248)8/2/2010 11:47:08 AM
From: GROUND ZERO™  Respond to of 218515
 
Just for your information, since you had asked about my model regarding the gold market... I crunched the numbers for the gold futures market using my formulas for the SP, and I come to an interesting finding...

For today, the high for the gold December futures contract is 1193.90... for today, we would need a close above 1201.10, for tomorrow a close above 1195.40, and for Wednesday a close above 1189.00, so we're getting pretty close to a model buy signal in gold here...

GZ