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


To: Chip McVickar who wrote (57529)2/25/2014 2:49:48 PM
From: GROUND ZERO™  Read Replies (3) | Respond to of 218591
 
I wouldn't want to short gold unless I really had to, that market has a huge rounding bottom formation, a rounding bottom is rare and also extremely bullish... my model has been long gold from 1267.10, and I'm also long, heavy long gold, that market has been generating incredible gains and I think it will likely continue throughout this year... silver is the "me too" market, the "poor man's gold," so that market could easily crash hard if gold sold off... that's just a guess, I really don't know...

GZ



To: Chip McVickar who wrote (57529)2/25/2014 3:14:45 PM
From: Fintas1 Recommendation

Recommended By
toccodolce

  Read Replies (1) | Respond to of 218591
 
If you are talking POG. I looked last eve and I can see difficult at 1349 all the way to 1372. The pretty much considers your numbers.

And the flip side is whether it rolls at 1349 or 1372.. back under 1300 and probably to the 1245-1250 area.

It is there where believers will be made. Meaning they come in again for real.. or a bounce to come back under to my 1174.

We shall see how it plays out.

But there's plenty of water in that glass to let out.

RE SPX.. Looks like me after a 1 hour work out on a Versa Climber.. TIRED.

Fintas