Time to buy gold, goldstocks and sell the general stock market?
Seems too risky to me but I woud not be surprised to see that
happen. Maybe after the solution of the fiscal cliff problem. we'll
see
WHR looks tired (maybe early stages) of topping but notice that
the MA's still remain in a bullish configuration (this will take
some time to alter). WHR is a stock that I use in my
tutorials.
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GOLD heading for 1650/1640 area. The Commercials appear to be spot on again.
Posted by rbreese on 18th of Dec 2012 at 11:43 am
surprising how weak gold stocks,
Posted by kalinm on 18th of Dec 2012 at 11:45 am
surprising how weak gold stocks, gold and silver are given the weakness in the $USD, and QE4(infinity) and finally fiscal cliff negotiations.
we should be very near
Posted by zwyss on 18th of Dec 2012 at 11:51 am
we should be very near to a change.
Time to buy gold, goldstocks and sell the general stock market? Seems too risky to me but I woud not be surprised to see that happen. Maybe after the solution of the fiscal cliff problem. we'll see
zwyss - that could be
Posted by steve on 18th of Dec 2012 at 11:57 am
zwyss - that could be true BUT I suggest you wait for a reversal pattern (trigger) on the time frame you're trading versus guessing a bottom.
OK Steve, if you want
Posted by zwyss on 18th of Dec 2012 at 12:15 pm
OK Steve, if you want me to do so.....
are there any short setups? I'm still following zachs WHR. Turning down here or just catching breath for a move up?
WHR looks tired (maybe early
Posted by steve on 18th of Dec 2012 at 12:21 pm
WHR looks tired (maybe early stages) of topping but notice that the MA's still remain in a bullish configuration (this will take some time to alter). WHR is a stock that I use in my tutorials.