Intraday move is an impulse wave -- whether it's a "1" or an "A" remains to be seen.
RGLD
Started by
Jnavin
, Feb 14 2006 02:49 PM
4 replies to this topic
#2
Posted 15 February 2006 - 09:14 AM
Really a pretty chart on RGLD since the high -- looks almost too "textbook" as far as Elliott Waves.
Doug
#3
Posted 24 February 2006 - 02:32 PM
I bought 1/2 position in RGLD today. One of a few that I am buying since the correction began. RGLD breakout above $30 is being tested. I'll add more on any further weakness.
cheers,
john
"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
#4
Posted 24 February 2006 - 02:52 PM
I added today under $32.0 1/2 position. Will add the remainder on any weakness. RGLD broke out this year above $29 high set in 2003. Should be testing that here.
cheers,
john
"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