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

To: re3 who wrote (42736)	12/28/2012 3:20:10 PM
From: GROUND ZERO™	Respond to of 222005

For gold, I would need a main model buy signal, I'll post it here if we ever get close to one... we're probably still another few weeks away from that signal... Why BAC? Take a good look at that chart... I think the banks are the biggest benefactor of the FED QE, and BAC looks like it has the strongest chart pattern of all the banks... on a day like today when these markets are falling apart, BAC is holding its own and appears ready for another break out higher... Here's today's daily chart of BAC... reaching 15 is very doable, and I think 20 is certainly possible... GZ