3309 Drysdale Ct
Edwardsville, IL 62025
Matt or Steve, any thoughts? Looks like a good short at this point?
I've been posting this for a few days now, but the GDX GLD ratio does not look good short term.
Right, I've been looking at your charts! Was waiting for the bounce to finish, which it did earlier than I expected. I took the short at 55.58, just below the uptrend line on that flag.
Borrowing the intermediate term 13/34 daily ema from $SPX, this sure does look like a bear flag breaking down..... check out volume pattern too.
that's the uptrend line I have. Just dipped below a few minutes ago.
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GDX breaking down
Posted by frtaylor on 11th of Feb 2011 at 12:24 pm
Matt or Steve, any thoughts? Looks like a good short at this point?
I've been posting this for
Posted by ditch on 11th of Feb 2011 at 12:28 pm
I've been posting this for a few days now, but the GDX GLD ratio does not look good short term.
Right, I've been looking at
Posted by frtaylor on 11th of Feb 2011 at 12:34 pm
Right, I've been looking at your charts! Was waiting for the bounce to finish, which it did earlier than I expected. I took the short at 55.58, just below the uptrend line on that flag.
Looking like it!
Posted by kalinm on 11th of Feb 2011 at 12:27 pm
Borrowing the intermediate term 13/34 daily ema from $SPX, this sure does look like a bear flag breaking down..... check out volume pattern too.
that's the uptrend line I
Posted by frtaylor on 11th of Feb 2011 at 12:28 pm
that's the uptrend line I have. Just dipped below a few minutes ago.