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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 (47766)	3/23/2013 3:04:26 PM
From: Harmens	Read Replies (2) \| Respond to of 222120

GZ, Markets are running higher and higher on lower volume. It means the reversal is in the making. It's hard to predict the date, but we are near the top. It doesn't mean we all need to go short right away, but keep your finger on the trigger. Remember about $85B per month from Feds, remember the falling euro and yen - these are the factors which will keep pushing markets higher until volume dries up. I would not recommend to go long, because the first drop could be really violent. Gold: based on info I provided earlier, banksters met recently and came to certain conclusions. So we should expect a push down on gold in near term - with all their woes and angry public sentiments, they don't have enough powder to make it really bad, so use any significant drop in gold prices as a buying opportunity. I think about 1,570-1,575 $/oz is the bottom. Regards