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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 (50169)5/14/2013 9:23:19 AM
From: GROUND ZERO™4 Recommendations  Read Replies (2) | Respond to of 220934
 
Good Morning...

Yes, I see gold and silver down again this morning, and that makes my point better than any words could... you could buy it cheap, but then it can get cheaper... then, you can buy more cheaper, but then it can get even cheaper... I'm not suggesting you follow me at all, I'm only expressing my own personal trading perspective... timing is far more important than price... when to buy and sell is so much more important than buying cheaply... anyone could get lucky and buy cheaply... timing is everything when it comes to making serious money in any market endeavor...

The charts show time and price, but everyone looks only at price... why people ignore the time component is a mystery to me... my model measures time and price equally... you can buy price at the right time, or you can buy at the right time regardless of price... they cannot be separated... but buying price without any regard to time is like trying to determine 3 dimensional depth perception with one eye closed... it cannot be done...

GZ



To: Machaon who wrote (50169)5/14/2013 10:18:16 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 220934
 
Gold seems to be finding support at this level, I'm going to take a very light long position in gold and silver right here in advance of any buy signal... (gulp)...<g>

GZ



To: Machaon who wrote (50169)5/14/2013 10:27:57 AM
From: GROUND ZERO™  Respond to of 220934
 
A very tight stop on these metals...

GZ