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


To: Kirk © who wrote (46456)2/20/2013 1:29:40 PM
From: sandeep  Respond to of 218278
 
Silver also seems oversold. I am thinking of getting into uslv tomorrow.



To: Kirk © who wrote (46456)2/20/2013 1:48:20 PM
From: GROUND ZERO™1 Recommendation  Respond to of 218278
 
Probably, but I don't think it's worth the risk here... gold fell below the major downside VP today and never looked back... that's not a good sign... bottom picking gold or silver here reminds me of bottom picking AAPL at 500 and then 470, too dangerous and too risky... I would rather let it rally and show me that it bottomed before I touch that metal again... my model went short the gold at 1718.00 many moons ago, I shoulda listened, but instead I got nickel and dimed...<g>

GZ



To: Kirk © who wrote (46456)2/20/2013 1:57:23 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 218278
 
I think you're right, now that I took a closer look at the chart pattern...

GZ