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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 (36875)8/23/2012 2:47:44 PM
From: FCom777  Read Replies (1) | Respond to of 221998
 
Notice how the gold/platinum spread has now reversed with gold strengthening with respect to platinum ?

If my theory is correct, this indicates that the Bankster PM suppression manipulation routine is now in gear and PM are ready to at least put in a correction with respect to the recent move. Time will tell whether this is a correction or something more significant.

Just a theory, but it will be interesting to see how this plays out ...



To: GROUND ZERO™ who wrote (36875)8/23/2012 2:55:48 PM
From: rubbersoul  Read Replies (2) | Respond to of 221998
 
I agree. So I hope to be buying the dips.<G>

Next week is Gold OPEX I believe. I think we're due for a pause here at least. Metals may grind higher but the miners may stall to catch a breath.

Here is my top holding:
stockcharts.com

I love the company and its fundamentals but it's gotta rest at some point this late in its "cycle". So I sold overweight positions. Also hedged a bit.

Think the SPX can bounce off the 20MA?


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