[quote name='dougie' date='Nov 26 2009, 09:25 PM' post='494910']
I think that we will see the high next march imo
That wouldnt be unusual. will that give enough time to crash into your low Silent?
[quote name='SilentOne' post='494777' date='Nov 26 2009, 12:12 AM']
dougie,
All I know is that the next best buy will coincide with the decline for the $SPX and everything else into the next 18 month lows. To speculate where gold tops from here is irrelevant for me. There is nothing I can do with the sector and I won't trade it from here. It will be far too volatile for my liking.
cheers,
john
97% Bulls
Started by
Kimston
, Nov 21 2009 02:47 PM
21 replies to this topic
#21
SilentOne
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Posted 27 November 2009 - 01:52 PM
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#22
goldswinger
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Posted 28 November 2009 - 08:13 PM
Wxman, Very interesting chart. What is the significance of the 1.75 multiplier?, a fibo could be 1.61 or 1.50 , is there a potenial source of that 1.75 number,
perhaps Pi/2 and then + a fibo ratio or whatever.
Thanks,
GS.
