Followers | 162 |
Posts | 7117 |
Boards Moderated | 0 |
Alias Born | 04/26/2010 |
Friday, September 13, 2019 1:15:06 PM
I factor in that this is gold stocks so you know the 3 month pullback will be more than 10 or 12 percent
so just add in another 2 bucks, perhaps almost 5 percent, and we are at a good 14% buy point today as a pullback
14% retracement. 42.7 * .14
5.978
42.7 * .14
so we are right there now, if this is just a 14% retracement.
a $5.978 buck retracement if it is 14%.....which is the current price of gdxj
soemwheres around here. The mantra is that when you are in a YOUNG bull market (not an aging one), pullbacks are very sharp but short in duration. My calculations are arbitrary I suppose. I gotta figure as rates come down, GDXJ will be up to at least the old high, which means closer to a 20 percent gain, the next year. IF WE ARE IN A PRECIOUS METALS BULL MARKET, IT WILL BE UP EASILY 2X THIS, 4O PERCENT....BOTTOM LINE GOAL
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM