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Re: jimmybob post# 185836

Tuesday, 10/08/2013 12:55:58 PM

Tuesday, October 08, 2013 12:55:58 PM

Post# of 364382
Afternoon Jimmybob,

Nice one on ISRG.

SLV is showing an imminent spike due to the ADX pinching tightly. Could see a spike to 123.50-125 very quickly. Watching volume. If the volume does not increase, the Pinch could reverse and SLV will drop below the 50Dma.

GLD on the ADX is pinching to the upside. waiting for the pinch to tighten a little more. If the ADX does pinch positive, gold could pop to 133-135m area very quickly on gold buying from Asia as they retreat from stocks and return to tangible assets.

Risking it all to obtain the reward, necessitates the motivation to succeed.

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