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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (77498)	8/10/2011 1:15:19 AM
From: Hawkmoon	Read Replies (4) \| Respond to of 217764

I would pay attention what what appears to be a series of "shooting stars" on the candlesticks (daily and weekly) for GLD and SLV. (plug in GLD to the following chart). bigcharts.marketwatch.com Watching UUP for indications that the USD is oversold. But a rise in the USD would also seem bearish for US stocks. We'll see.. It's so hard to trade these markets with so many mixed signals. Watching to see if SLV holds these levels, or retraces to $32/ounce. If it holds there, I may pick up a longer term position. Hawk