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


To: Mevis who wrote (61963)7/7/2014 2:34:18 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 220515
 
We'll see how it finishes today... a confirmation is all we need, and without one, this market is still moving higher...

Besides, all those fresh shorts would make for a wonderful squeeeeeeeeeeeeeeeze rally... LOL!!!

I added to my long gold positions today pending a sell confirmation... if not, then, it's still higher from here... although, the same cannot be said for the SP, that market is now in the tight grip of the VP effect, much like a huge hungry octopus grabbing and holding its prey until the life breath is squeezed out of it... oh, gee, how poetic...<g>...

GZ



To: Mevis who wrote (61963)7/7/2014 3:32:07 PM
From: gold$10k  Respond to of 220515
 
Yikes, indeed. I have seen times when gold continued higher... even much higher with COTs like this, but rarely.