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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 (51117)	6/1/2013 11:05:38 PM
From: Machaon	Read Replies (1) \| Respond to of 219432

just that my model is not getting any confirmed buy signals for gold, both buy signals this past week were failed signals and never confirmed Thanks for the feedback! I had never invested in silver before. Silver is really a wild and crazy investment. It can vary in both directions very quickly! I don't know how anyone would ever be able to make any sense out of the SLV charts. But... then again, I am very short of knowledge when it comes to charting. I invested in SLV because the fed was diluting the value of the dollar and because SLV had come down quite a bit off it's high. But that sucker, SLV, can turn around on a dime! It's dizzying. I wish that I had been able to buy and sell SLV quick enough over the past few weeks, but I missed the boat and am still holding my position. Thanks!

To: GROUND ZERO™ who wrote (51117)	6/3/2013 11:09:34 AM
From: Machaon	Read Replies (2) \| Respond to of 219432

At some point, I suspect the precious metals will explode higher, but maybe not on Monday... or, then again, maybe they will on Monday... Nice rally in the metals. Where will they wind up at the end of the day? XLU took a dump this morning. I picked up my fourth piece of XLU. Average holdings are now $38.44. I figure, whatever it does I will get a dividend payout at the end of June. I teetered near the bottom price for XLU this morning, trying to pull the trigger on a fifth piece, but decided, "patience". Don't buy. And then..... XLU reversed all losses for the day and is now up, damn it! Sometimes I wish I was more aggressive! Am I the only one on this thread who plays it conservative, like with utilities? I find it comforting to know that win, or lose, I will still get that dividend payout. OTOH, I am retired and can't be as reckless as I used to be when I made more volatile plays on biotech stocks. just that my model is not getting any confirmed buy signals for gold, both buy signals this past week were failed signals and never confirmed, so my model is still short gold since April 1st at 1601.90... so far, the gold market can't hold a rally... Hey! I'm old and retired! I can't wait forever! I am beginning to wonder if we will get a buy signal for gold before I kick the bucket! Just kidding of course....... :)