SI
SI
discoversearch

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 : Zman Market Timing -- Ignore unavailable to you. Want to Upgrade?

To: zman69 who wrote (976)11/12/2013 11:46:19 PM
From: zman69  Read Replies (2) | Respond to of 15903
 
Gold and SPX have been trading with an inverse correlation lately soooo methinks it might be time for a short-term bounce for the Yellow Metal... Plus Gold futures found support at a TL drawn between 7/5 and 10/15 pivot lows and .886 retracement of the 6/27 to 8/28 rally.

Long Dec Gold with stop 2 ticks below today's intraday low (1260.5)

When follow through is in short supply as it has been for the last 6 months, one must be nimble and flexible. I would LOVE a strong trending move in any direction that I could ride for more than a few days, but alas I have to take what the market as giving, and right now batting for singles is working better than swinging for the fences.



To: zman69 who wrote (976)11/13/2013 3:50:53 PM
From: zman69  Read Replies (1) | Respond to of 15903
 
Reality... A failed SELL signal from my short-term timing model... In a BULL market you have to buy your sell signals. This market is signaling by it's behavior that it is still a BULL market. In bear markets sell signals don't fail.

It is what it is until it ain't.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News