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Strategies & Market Trends : The Ego Forum -- Ignore unavailable to you. Want to Upgrade?

To: hubris33 who wrote (12047)	4/28/2013 2:12:27 PM
From: Mario :-)	4 Recommendations Read Replies (1) \| Respond to of 12175

Blees ratio finally hit 100 for gold. Not for silver yet $BPGDM is at 0 but possible whipsaws are not excluded. Just like last Summer. We already had one. Are we getting any more? Daily chart suggest this may happen. Right now is a tad bearish. Bearish wedge right at fib retracement after nice several day run up, perfect spot for taking some profits for those nimble traders that entered at bottom. So, short term all is possible. Keep going higher, partial pull back, retest recent lows or even new low... I don't have a clue as usually. But long term, this should be a great opportunity for everyone still in cash. I wish I would be that one :-) Here is delayed BPGDM chart - Renko. Seems to give good guidance for intermediate investors. When this one turns up, it should be pretty safe bet - although with some delay. Should be view as buy with the trend...