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Re: cbuzz247 post# 127

Sunday, 01/20/2008 11:25:22 AM

Sunday, January 20, 2008 11:25:22 AM

Post# of 3973
All the news so far on GSS has been very good, and Gold going higher is certianly expected so I'm optomistic for the future. If there wasn't so much good news and Gold being so hot, GSS would have dropped harder, there was more than enough volume to tank it. Basically, I should have stuck with the chart and not let the emotions of Gold get in the way. When GSS stumbled at $4, I should have stuck with this chart:


All this means is I wait for the next run or as is circled, there may be another opportunity to sell at $4 and buy back later at 3.50 or even a dip to 3.30. Now, look at a 2-year chart:


Could the pattern of lower highs repeat again now with this ultimately running to a new high in early spring as Gold does the same. Time will tell and thsi is pure speculation, but chart patterns do repeat.

Suerte,
MrMarco