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

To: SGJ who wrote (29579)	3/7/2012 4:26:53 PM
From: GROUND ZERO™	Respond to of 223803

Thanks, this level is good support, but I also don't trust the first bounce either... it could rally higher from here, but there is typically always a secondary sell off after a rally, so that's probably where I'll get my legitimate buy signal for both gold and the SP's... meanwhile, I'm just waiting for my signal and staying short the SP's and following my model to the letter... GZ

To: SGJ who wrote (29579)	3/8/2012 5:40:42 AM
From: GROUND ZERO™	2 Recommendations Read Replies (2) \| Respond to of 223803

Here's one for the books... I just did an analysis for April gold using my SP model... the major downside VP was at 1664.00 on the nose, and the market went to 1663.40 and rallied without looking back... maybe I should begin using the SP model for gold, it seems to work remarkably well over time, again and again, and by now I've already been testing it for a long time... I think beginning today I'm going to apply my model to gold the same way as I do the SP's... GZ