2 replies to this topic

[Mike]

GoldHeart (Click here to visit the GoldHeart homepage at GoldEagle.com)

5/12 When looking at the GoldHeart indicator, remember that overbought is at the bottom and oversold at the top.



5/12 If the long term (LT) indicator keeps rising and the mid term indicator (MT) turns around and they manage to top around the same time, what a great buying opportunity that would be.

[mss]

Glad you are back, some of us missed you. The MT peaked short and LT has a "sweeping" bottom as in '02, but the MT rolled over at a much higher point, what, if anything is significate of that in your opinion. Thanks, mss

[PMILLY]

Mike, Glad to see you are back with a vengeance !. I always appreciated your work as a lurker but have just recently begun posting. Those charts are great and very informative. Looking at those give you some serious perspective, something many short term traders like myself can forget sometimes. Thanks for all of the hard work. I think we have a much steeper pullback ahead after first bouncing from this area, but I don't rule out going down from here. I really would not be surprised to see HUI at 200, especially after looking at those charts. We'll see soon enough. Pmilly