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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (996)3/31/2014 6:26:40 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 26570
 
Perverted??? Okay, let's go with perverted head and shoulder patterns, that makes it more interesting... LOL!!!

Yes, we should see gold and the miners all turn higher at some point, hopefully sooner than later, because I really don't like holding a losing position...<g>

I just looked again at your chart, that's a DOW chart, I thought it was a gold chart... oh, well...<g>

GZ



To: Kirk © who wrote (996)3/31/2014 10:57:23 PM
From: h_  Read Replies (1) | Respond to of 26570
 
Hi Kirk, congrats on the 1000 post milestone. Regarding your "perverted H&S" below. I agree with your nomenclature because if it's supposed to be a reversal pattern, it needs a trend to reverse, and the trend is clearly up, with the neckline at the peak, so one would expect a non-inverted H&S for a reversal pattern. FRX, however, has a proper inverse H&S because there's a downtrend preceding the reversal pattern of an inverted H&S.


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