I will sell some this week, I have been selling some. 401k was up a little both days from gold and cash
allocations. Trading account was down.
I don't think it drops in earnest until 9 weeks through 20 weeks, low in 5 months by RUT weekly.
RUT daily drops soon to late May or early June. I think they can right translate the RUT weekly basis for 9 to 10 weeks
because of one more rally in the daily basis after this one month correction.
I don't think this is big broad deep decline, I think that is later beginning 2 months. Not sure how I will hedge
next week maybe a good UVXY divergent low with the last stock high. I am not wholesaling stocks next week just
lightening up and hedging.
would like a dip in gold to buy next week and possibly a severe drop in silver next week.
Remember that first drop in gold off Feb 11 high that first low is the lowest in a bullish pennant, that is the
one I bought in gold, It may be something like that in silver off this high next week, buy the first drop.
Edited by AChartist, 30 April 2016 - 10:12 AM.