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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 (29922)3/14/2012 3:25:39 PM
From: giddy guru  Read Replies (1) | Respond to of 219462
 
VIX, market fear is in the doghouse and getting killed everyday. PM following that because there is no fear. No inflation either. Unless world economy suddenly show robust move, PM in trading range to lower.



To: GROUND ZERO™ who wrote (29922)3/14/2012 3:55:01 PM
From: llap  Read Replies (1) | Respond to of 219462
 
At least the eod gives rise to somewhat of a PM rally. Another bull-trap?



To: GROUND ZERO™ who wrote (29922)3/14/2012 9:17:35 PM
From: Lazarus1 Recommendation  Read Replies (1) | Respond to of 219462
 
From what I can see -- and I dont follow miners much -- it looks like NEM and NGD have just about bottomed out.

GLD --- well it fell out of the channel and it would not surprise me to see it get hammered down around $6 more bucks. Could also see another day or two of hammering on NEM and NGD but nothing substantial.

But -- GLD was (and gold) suddenly went into a freefall - it would be all bets off on miners.

My hunch is -- a little further down and she holds... and that's how I've positioned myself.