Edited by hiker, 24 July 2007 - 10:59 AM.
NEM
Started by
hiker
, Jul 24 2007 10:58 AM
4 replies to this topic
#1
Posted 24 July 2007 - 10:58 AM
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
#2
Posted 24 July 2007 - 11:16 AM
#3
Posted 24 July 2007 - 11:25 AM
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.
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.
#4
Posted 24 July 2007 - 11:28 AM
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.
#5
Posted 24 July 2007 - 11:59 AM
Suggest you look at ASA also.
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