BAA's MFI did turn north today bouncing off about .31. Unless the RSI can do the same with good accumulation it won't mean much but when they happen together it can point to a breakout.
I've got a feeling gold will be back over $1,300 sooner than later. All those people dropping out of the workforce may have helped the unemployment rate but they do absolutely nothing for the GDP. With Fed saying most of those people are dropping out permanently I don't see the GDP roaring back to 3% growth anytime soon.
I see a 40% chance of .42 and 80% chance of .46 within the next 5-10 days. I still have short-term targets of .53 and .61.
I bought BAA today for the very first time. I'm willing to take a chance now that it's at the bottom.
Other than a quick glance of BAA's profile on Yahoo! Finance, I do not do any DD on this company and do not follow any gold news. I actually don't care at this time, since I'm only here for a bounce play.
Yes, I saw your picks on the other board. I'll respond there.
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