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

To: penthouse mike who wrote (46036)	2/13/2013 8:14:24 AM
From: GROUND ZERO™	1 Recommendation Respond to of 220939

Yes, but I may also dump that, it looked like gold was ready to turn higher yesterday, but it's weaker again this morning and still no buy signal... and now that I dumped the platinum, the platinum is moving higher again... platinum looks very solid, a much stronger chart pattern than both gold and silver, but I don't feel comfortable holding that market when the stock market is possibly vulnerable for a pull back... My model is getting close to a buy signal for gold, but not quite yet... GZ

To: penthouse mike who wrote (46036)	2/13/2013 8:18:49 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 220939

Right now I'm short the SP and short the bonds.. I'm also long gold and long silver both of which I may dump early today... GZ

To: penthouse mike who wrote (46036)	2/13/2013 8:27:37 AM
From: GROUND ZERO™	1 Recommendation Respond to of 220939

Another note here on the gold... it makes no difference if I dump the gold today and it rallies afterwards as the platinum just did... the gold market is not going to run away without me... my model will give me a buy signal long before that market begins an obvious move higher... and when it does give me that buy signal, then that's when I will also buy the platinum back more comfortably... right now, my model is still short gold, and that's the key to buying that market with less downside risk... buying gold while my model is still short that market is just a high risk crap shoot, to me anyhow... GZ

To: penthouse mike who wrote (46036)	2/13/2013 8:36:51 AM
From: GROUND ZERO™	1 Recommendation Respond to of 220939

Looks like gold and silver are coming back after this morning's report, so I may just hold them for now and let them work, and add platinum again if/when I ever get that buy signal for gold... GZ