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


To: GROUND ZERO™ who wrote (29451)3/3/2012 8:45:40 AM
From: GaBulldog  Read Replies (1) | Respond to of 223534
 
Hi GZ,
I don't know if you saw these comments about March 7th from Humble1 on his blog. Does any of your analysis point to that date as a significant high?

Message 27969063



To: GROUND ZERO™ who wrote (29451)3/3/2012 12:30:56 PM
From: SGJ  Read Replies (1) | Respond to of 223534
 
I agree, however it appears the meridian line ( really just a monthly trend line) is somewhere between 1440-1450! Their is a risk of going short too soon and missing a very profitable exhaustion spike. This ties into to what Humble1 is saying.

Another possibility is is blasts though the meridian as it has done twice before during the time under analysis. However, the ratio is 71% rejection over the past 40 years. I think that its more than likely going to be rejected this time as well, but then come back stronger and bust it.



To: GROUND ZERO™ who wrote (29451)3/3/2012 11:55:30 PM
From: Sergio H  Read Replies (1) | Respond to of 223534
 
I am glad you enjoyed the Meridium point of view as much as I did. I appreciate your caution on the week ahead. I see some consolidation in gold and silver but the move higher will continue. We have not seen wild swings this year as last year and until we do, why not go with the trend? Just my opinion.