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


To: gold$10k who wrote (1318)12/2/2013 2:39:42 PM
From: The Ox  Read Replies (1) | Respond to of 15903
 
I believe we won't fall below the previous low but we'll test that area. My target is between 116.74 and the low 114.68.

At the same time, it won't surprise me any if we blow right down below the lows, as the trend is your friend and it's strongly down. Shake out the gold bugs and give them a good thrashing....

Then launch when everyone thinks it's the worst investment out there!



To: gold$10k who wrote (1318)12/2/2013 3:21:58 PM
From: LostOnEarth  Read Replies (1) | Respond to of 15903
 
Gold10K
I often wonder how you are able to know when a pattern is being recreated. I wonder if you are using some advanced form of software that allows you to recognize previous patterns, or are you exceptionally savant that you memorize each day's trading patterns and recall previous ones upon whimsical quirk? Please tell.