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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 (41223)12/4/2012 12:36:21 PM
From: Fintas  Read Replies (1) | Respond to of 222710
 
I don't see it re a bottom being in re gold. . I see the xau heading to a 145 ish and I can see Gold in the 1500's. Now that doesn't mean things can not bounce but LONGER term I don't see the bounces holding. IF they do. Then a retest of previous areas up is possible but THEN?

On an aside I kicked out gold that I had purchased at 360 long ago and sold at 1915 ish. From where I sat at the time although I could see 2000 and higher. Greed is not a good thing. And here and now at 1700 it would take 3400 to get a double on a pure gold play. Futures is another thing..

i think doubles can be had in other areas with greater ease and safety. Maybe less excitement but I'm old.I leave the excitement for the youngins.

IMHO

Fintas