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


To: TH who wrote (8363)8/3/2010 4:37:46 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 218589
 
You think Gold is about to break out.

Excellent question... the true fact is I don't think at all... I'm experimenting with my SP model with the gold market, and according to my numbers I would expect to see a good rally in the gold market if we close tomorrow above 1189.00 in the December futures contract... that is the only prerequisite for my interest in buying gold... it's just another trade... I'm actually long the euro right now, have been for a few weeks... if we get that close tomorrow in gold, then I'm a buyer...<g>

GZ