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Non-Tech : The Conflicted Thread -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (609)	11/25/2011 3:33:39 PM
From: Frank Pembleton	Read Replies (1) \| Respond to of 841

don't know honestly, thinking that the charts, all charts, need some time to air out-- for me to go long we'd need some basing patterns and basing patterns take time. The way the world works (as of late) time is becoming a precious commodity, don't think there will be time to base...so don't be surprised about whatever long or short event that may lurk over the horizon. ...pure speculation....................................below. I will say this, gold the commodity works well as a buy around the 200dma-- on the gld it actually hovers above in a very bullish fashion, so I would say watch for a buying opp Monday afternoon. I suspect we'll see a sell-off Monday morning (a gap down perhaps) followed by some serious buying in the afternoon...and if by chance there is a gap down only to have it close it later in the day-- we'd have our buy signal.