4 replies to this topic

[hiker]

note it just held the failed d/t line on the 5 day 15 min..and bounced on that backtest 15 min remains on a buy 43.45 was the low on that backtest vs. 43.44 post open low long adds make sense in the current configuration till it changes

Edited by hiker, 24 July 2007 - 10:59 AM.

[hiker]

note price action vs. the declining tops t/l on the weekly

http://stockcharts.c...allery.html?nem

[kaiser soze]

Totally agree with you Hiker. Been watching NEM for a while now. Above its simple 200DMA.

A 13 sell has triggered on the weekly TD seq. countdown for the XAU-so the behavior of the index this week should tell us a lot. If it defies the 13 sell and finishes up for the week, that would be a sign of major strength IMHO.

[hiker]

I bought GLD today, tho giving more position size to some miners today 67.30 to .50 GLD horizontal monitor zone

Edited by hiker, 24 July 2007 - 11:28 AM.

[mss]

Suggest you look at ASA also. [attachment=5769:attachment]