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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: chris714 who wrote (14249)	6/30/2013 1:02:38 PM
From: ajtj99	Read Replies (1) \| Respond to of 33421

Sentiment has been pretty bad in Gold issues since the breakdown below $1,500. Other things needed to line up before I could see a strong risk/reward ratio for a low in Gold and Silver, including probable upside targets suggested by chart patterns. They happened this week. I can't trade by "feel" or intuition, although that works for many people. I need patterns supported by mathematical probability. If the stock market is a game of blackjack, think of me as a card counter at the blackjack table.