GOLD correcting as FF'd
#1
Posted 02 October 2007 - 07:24 AM
#2
Posted 02 October 2007 - 07:53 AM
#3
Posted 02 October 2007 - 07:59 AM
#4
Posted 02 October 2007 - 08:12 AM
Amazing. I was starting to think it was not happening as I sold at open yesterday and watched it get away from me. Is this 3 0f 3?
"tres of tres" of what? This is a big correction of the grande advance, Senor sees 710-720 as possible - not in uno day!.
BSing away
Senor
#5
Posted 02 October 2007 - 08:36 AM
#6
Posted 02 October 2007 - 08:44 AM
Some of the up moves seem like the start of a bigger move up. The volatility in a 3 of 3 must be huge too. So after this grande correcction could it not be getting set up for a 3 of 3 that we have not had yet. Wave one seemed to be over in 03 one of 3 ovver in May of 06.
Si amigo, that is the possible bullish count after this correction, whether it comes to pass we will see.
BS all the way
Senor
#7
Posted 02 October 2007 - 08:45 AM
#8
Posted 02 October 2007 - 09:00 AM
#9
Posted 02 October 2007 - 09:04 AM
If the broad market does not stay in rally mode the dollar will go back to it's weaker pattern. That will trigger our gold bounce.
If the broad market rallys, then it will draw funds from gold and the dollar will stabilize. Gold will drop and allow us another buy.
That sure seems easy eh amigo? Markets are NOT that easy, be muy careful with correlating markets, it works as long as it works then just stops, often giving no clue and often leaving one holding a bag of empty Pesos.
PURE BS
Senor
#10
Posted 02 October 2007 - 09:38 AM