I opened my Member letter from last night to the public and Gary has been kind enough to grant permission for me to post a link to it in his public blog. For anyone interested:
A pierce through the 1500 and a close just above it.
This should flush out the last of the weak hands."
I get a chuckle when i read stuff like this. 'Weak hands' was able to hold a move from 1760 on Friday to 1565 low in 4 trading days but won't be able to handle another 65+ draw down?
If we get a move below 1500, the folks that haven't bought will be looking for 1300.
Average price targets for downward resolutions of the triangles in Gold and Silver are 1523 and 24.
ReplyDeletehttp://stockcharts.com/h-sc/ui?s=$GOLD&p=D&yr=1&mn=11&dy=0&id=p02774926707&a=241643000
http://stockcharts.com/h-sc/ui?s=$SILVER&p=D&yr=1&mn=11&dy=0&id=p58823201246&a=241644943
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ReplyDeleteI opened my Member letter from last night to the public and Gary has been kind enough to grant permission for me to post a link to it in his public blog. For anyone interested:
ReplyDeleteThe DOCument December 14 Member Letter
Doc
ReplyDeleteI read it last night. The title was perfect!!
"My estimate on gold.
ReplyDeleteA pierce through the 1500 and a close just above it.
This should flush out the last of the weak hands."
I get a chuckle when i read stuff like this. 'Weak hands' was able to hold a move from 1760 on Friday to 1565 low in 4 trading days but won't be able to handle another 65+ draw down?
If we get a move below 1500, the folks that haven't bought will be looking for 1300.
Has anyone read 'Aerodynamic Trading' by Connie Brown? I heard it's good. Just curious.
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