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JohnCM

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JohnCM

Re: catty post# 517

Tuesday, 04/16/2013 5:14:07 PM

Tuesday, April 16, 2013 5:14:07 PM

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Contarian play? Hmmmm I have to admit that is one of my faults. I am always long. If you are long/short you can double your gain. And that is not so tough. Just play the RSI. Over 70 or under 30.

"Cannot believe the capitulation day was not Friday or Monday. How bad does the carnage have to be before the bottom is in place?"

"Nothing has changed except perceptions, and with gold that matters a lot. Yet the perception that the market is oversold will also develop in coming days."

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