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


To: Machaon who wrote (49752)5/7/2013 9:21:32 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218519
 
I think you're 100% correct on all points, especially that the weaker hands are being shaken out... of course, my model is still short gold so I had no legitimate business buying yesterday, but thank goodness the position truly is a minimal nibble, so it doesn't even make a dent... the small position was to hold my interest... I agree, I think adding another microscopic nibble this morning makes reasonable sense... eventually, we're going to see inflation and these levels will look very cheap later on... (gulp)...<g> LOL!!!

I'm going to reserve my heavy handed positions for when I get that buy signal, and I fully expect it to appear at some point... nothing goes straight up or down forever, this includes the stock market...

GZ