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

To: penthouse mike who wrote (50616)	5/22/2013 1:32:38 PM
From: Fintas	Read Replies (1) \| Respond to of 220319

First Gold sector last I looked was in the 8.5 area. IF I had an interest in Gold which I DO NOT ( I had my interest at much lower prices and kicked out near highs). BUT IF I had an interest I would not have had a problem to take a first bite in the 1340-1350 area. or that sector number from the 6.90 or had it been yes in the 10 area. I'd then wait to see if the sector number held it's previous sector low number of 6.9 or other, kept an eye on momentums and certain charts to determine if it could go lower. Whch I have posted I think it can. ALL the while focussing on strings I have in place. The NUMBERS DICTATE where something will go. GOLD 1412 was dictated by a string. So too is 1220. Time has shown 1412 was hit and lower which is not unusual for a number to go lower or higher and what I refer to as fluff or strings to excess. However I'm also aware that 1540 is out there so taking a bite would not cause me to miss it for some 8% more down. When looking at these details rules can be bent. Whether it be a fib or other. Hope it helps.. Fintas