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Re: jimapplesmith post# 30505

Saturday, 05/13/2006 10:29:31 PM

Saturday, May 13, 2006 10:29:31 PM

Post# of 79026
JAS - $XAU Weekly Gravestone Doji

That is my major signal to get out. That candlestick is highly bearish outside the bollinger band lines and will no doubt return to its mid-band. I would treat it like earlier this year. I may nibble around the mid-band and add a lot more after a confirmed bounce off the lower band.



Jan 4 - We have transitioned into a bear market. Completely different rules apply.
May 23 - IMO, any price at/above this close makes a great Nasdaq/SP500 short.

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