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dow and the xau


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#1 gannman

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Posted 14 July 2010 - 10:19 AM

the dow i see going to about 9000 here. i think were in the b wave of an abc countertrend rally and c should take us down to about 9000 level. the xau had a really nasty looking candle yesterday and i believe is heading down to about 145 g
feeling mellow with the yellow metal


#2 gannman

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Posted 14 July 2010 - 10:20 AM

the dow i see going to about 9000 here. i think were in the b wave of an abc countertrend rally and c should take us
down to about 9000 level. the xau had a really nasty looking candle yesterday and i believe is heading down to about
145

g


let me clarify i think anything below 9300 on the dow is a great area to buy fwiw
and 145 in the xau is a great area to buy gold stocks
feeling mellow with the yellow metal


#3 Tor

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Posted 14 July 2010 - 10:48 AM

the dow i see going to about 9000 here. i think were in the b wave of an abc countertrend rally and c should take us
down to about 9000 level. the xau had a really nasty looking candle yesterday and i believe is heading down to about
145

g



I see XAU having bottomed very likely 2 days ago. Its about to go mental. Stocks, more up, SPX could go to 1120

I wish yo the very best in your endeavours.
Observer

The future is 90% present and 10% vision.

#4 rick

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Posted 14 July 2010 - 12:26 PM

the dow i see going to about 9000 here. i think were in the b wave of an abc countertrend rally and c should take us
down to about 9000 level. the xau had a really nasty looking candle yesterday and i believe is heading down to about
145

g



I posted on the gold/commodites site http://www.traders-t...howtopic=121695
that the XAU is going up over the next 9 days, from today's close, according to my pattern recognition system.

Rick

#5 gannman

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Posted 14 July 2010 - 12:53 PM

the dow i see going to about 9000 here. i think were in the b wave of an abc countertrend rally and c should take us
down to about 9000 level. the xau had a really nasty looking candle yesterday and i believe is heading down to about
145

g



I posted on the gold/commodites site http://www.traders-t...howtopic=121695
that the XAU is going up over the next 9 days, from today's close, according to my pattern recognition system.

Rick


hmm interesting rick the next 9 days sb quite revealing. thanks for sharing your thoughts
feeling mellow with the yellow metal