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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 (50609)5/22/2013 6:57:21 PM
From: Machaon1 Recommendation  Read Replies (1) | Respond to of 220946
 
Still no buy signal in gold, just a whole lot of jumping around and going nowhere, for now anyhow...
Jumping around is right! When I left for the dentist, silver was doing kinda nice. :) I thought about pulling the trigger and selling, for a nice profit, but decided to enjoy some teethwork instead. After all, how bad could silver get as the day wore on? :(

When I returned, silver had taken a dump making me wish that I was back at the dentist!

I did pick up my first piece of XLU late in the trading session. Utilities seem to be going out of favor. So.... I hope the gods of the rotation out of utilities are right, and XLU goes much lower.

Thanks for the feedback on gold! Good hunting! :)



To: GROUND ZERO™ who wrote (50609)5/22/2013 7:19:51 PM
From: Machaon  Read Replies (2) | Respond to of 220946
 
Over 100 million shares of SLV traded over the past three days, all without a meaningful move in either direction! Somethings heating up silver, but to go which way, up or down???