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Re: TexasRambler post# 1841

Sunday, 03/02/2014 11:30:51 AM

Sunday, March 02, 2014 11:30:51 AM

Post# of 63744
I also think .70 will be toast here real soon and would love to add some more at this level but I need to wait for some follow through. When it blows through .70 it might be real fast so I could miss my opportunity. I think when gold prices start back up again BAA will ramp up pretty fast because it looks like there is a lot pressure built up. When pressure is built up it can go either way but if you look at the GDX on a weekly chart the MACD has a massive positive divergence which suggest to me gold stocks have a long way to go to the upside. I don't think I have ever seen such a nice divergence in my life! I have been making good money with gold stocks for the last 2 months or so and it looks like there is a lot more juice left. good luck Tex.

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