thats what my momo indicators tell me. too early to buy IMO.
if they turn up I BUY, until then, down she goes.
we should close at lows of the day furhter down than corrnt levels. ideally would be nice to see 1350 level.
lower lows to come
Started by
Tor
, Aug 16 2007 10:58 AM
4 replies to this topic
#1
Tor
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Posted 16 August 2007 - 10:58 AM
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
Cirrus
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Posted 16 August 2007 - 11:00 AM
I think you may be right....half time and breadth is horrendous. It would take 'major intervention' to turn things here IMO.
I'm actually doing buying here for LT investments. Now I'm looking at FCX. Also buying ABX stock today (already own LT calls which are getting hammered--may add to those, too).
#3
ed rader
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Posted 16 August 2007 - 11:03 AM
I think you may be right....half time and breadth is horrendous. It would take 'major intervention' to turn things here IMO.
I'm actually doing buying here for LT investments. Now I'm looking at FCX. Also buying ABX stock today (already own LT calls which are getting hammered--may add to those, too).
you're a brave man Cirrus but now is the time to at least begin looking.
good luck!
ed rader
#4
Insider
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Posted 16 August 2007 - 11:38 AM
thats what my momo indicators tell me. too early to buy IMO.
if they turn up I BUY, until then, down she goes.
we should close at lows of the day furhter down than corrnt levels. ideally would be nice to see 1350 level.
There is not enough blood in the street?
Insider
#5
gannman
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Posted 16 August 2007 - 01:21 PM
thats what my momo indicators tell me. too early to buy IMO.
if they turn up I BUY, until then, down she goes.
we should close at lows of the day furhter down than corrnt levels. ideally would be nice to see 1350 level.
There is not enough blood in the street?
Insider
i agree
feeling mellow with the yellow metal
