Fib
Precious Metals BPI
Started by
fib_1618
, Sep 15 2012 10:24 AM
5 replies to this topic
#1
fib_1618
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Posted 15 September 2012 - 10:24 AM
Generated a new buy signal on 9/14/12.
Fib
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
#2
fluid
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Posted 16 September 2012 - 08:03 AM
fib, that buy signal never worked in the past, why should it work now?
#3
Islander
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Posted 16 September 2012 - 11:18 AM
Yes, but how long? The USD is below the lower BB. It usually rallies, it does not this time, buy more gold. On the other hand
The US dollar
If the dollar starts up from its 6% decline, the golds will get hit hard. Use stops, or better yet put spreads. Looks like a two to three week dip is due until
the QE hit bites and the pleasure sets in. Never a dull moment?
Best, Islander.
The US dollar
If the dollar starts up from its 6% decline, the golds will get hit hard. Use stops, or better yet put spreads. Looks like a two to three week dip is due until
the QE hit bites and the pleasure sets in. Never a dull moment?
Best, Islander.
Edited by Islander, 16 September 2012 - 11:21 AM.
#4
fib_1618
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Posted 17 September 2012 - 05:00 PM
For as long and until there is a sell signal.Yes, but how long?
Remember, this is for precious metals stocks and not for gold and silver which had its buy signal on 8/21.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
#5
Islander
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Posted 18 September 2012 - 12:57 PM
Excuse me, I thought your chart said spot gold, nothing about stocks. Getting old is not only tiresome, but now it seems to be affecting my vision.
Thanks, Islander
