Replies to post #30492 on ETF SWING & DAY TRADING

[jimapplesmith]

Yes, the weekly xau gave negative divergence in RSI and PPO. Do you anticipate the correction to last weeks (like 1/06-3/06) or months (like 11/04 -5/05)? Thanks.
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$xau,uu[g,a]waclynay[de][pc7!b4...

[FreeMarkets]

Hey CJ,

I took my family to Disneyland and just got back. That place is incredible. We went to Goofy's Kitchen where I paid $87 for a buffet for us and we were given 90 minutes to eat. Believe it or not, I felt I got my money's worth! No way can one see that place in a day with kids.

I'm not sure how I can answer the tc question without breaking rules. I generally follow them. Put it this way, I may go to cash, but at this point I never go against them with most of my money.

I sold all of my longs last week and went short IWO and IWM.

Take care my friend.