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Re: Zolt post# 588

Monday, 04/28/2003 2:24:33 PM

Monday, April 28, 2003 2:24:33 PM

Post# of 2577
It's very difficult to play GOLD in the intraday swings...

I don't. The charts don't "tell".

This is an interesting chart... one that I follow.

It's been formatted from the original PnF roots.
.>

When one looks closely, one can see that the buys are @ the bottom part of the chart & the sells ( the chart area we currently aligned with are close to, or will soon be registering sells ((if the signal line crosses & turns down) ie: say 54-55 or so) which is suggesting that we are close to overbought but.... this rally may run a "wee bit".

How is that for hedging my bets LOL



...You don't understand! I coulda had class. I coulda been a contender. I coulda been somebody, instead of a bum, which is what I am.. Marlon Brando 'On the Waterfront'.

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