Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: GROUND ZERO™ who wrote (52834)	7/12/2013 3:51:23 PM
From: Fintas	Respond to of 222676

Let me put it this way since you and others continue to have an issue with the word BOUNCE. It's WORD. 200 dollars is also a %. And as we now the last time GOLD bounce from 1335 to go into the mid 1400's Prior to that it was 1600-1800's. ALL BOUNCES . Regardless that bounce did NOT take out areas to go higher and thus it came back down and as we know dropped to 1180 ish. That's a long ways from 1900 and those who MISREAD the BOUNCE as more than such as a place to go long. Don't want to talk GOLD. Let's talk APPLE. It went to 700 came down to the mid 500's and BOUNCED but then FAILED to come down to under 400. The investor is trying to catch value and eliminate risk. The trader is trying to catch the sweet spot and try to control or hedge risk. If an investor wants to buy on a bounce or implement a strategy as with BAC from 5 to 10 and JUST a bounce to then retrace to 6 ish to then open up the opportunities for those who wanted to GO LONG core or take a call it was a better than guessing and chasing it at 10 to watch it come lower. So for the trader such as you. That 200 is sweet. And as an investor I presented the BOUNCE. I also understood the RISK. I try to go LONG when risk is very low. Even when it appears a sector or stock is oversold there may be RISK that should be considered. So as one who is OBJECTIVE and reads data my work says the BOUNCE is going to fail and that will offer another a chance to come in and BUY LOWER. If I wanted to go LONG in GOLD, as a LONG TERM investment I would WAIT. You and others can do whatever you want. Fintas