http://charts3.barchart.com/chart.a...&vol=Y&evnt=adv&grid=Y&code=BSTK&org=stk&fix= Bound to be a sell off, and thar she blows. No idea , directionally at the moment. I rather imagine this could get messy, the players in this market will be serious about shaking out the weak hands either way. Sunny, 24 degrees, likelihood of some chop over the next week or so.
Mmm, im very suspicious of overall sentiment now (whatever the heck that means) but i would have to play long. These elections really mess with stuff, i called nov 3rd as a significicant turn date, precisely how im not sure. Ok, who cares about timing, just have buy stops, somewhere.
Another little few day gainer there, but price is FLAT on my indicators at the end of the week. Another week and a bit to go, and the triangulation is still in play-what a surprise. I guess, the smart money must have playing silver recently. http://charts3.barchart.com/chart.a...&vol=Y&evnt=adv&grid=Y&code=BSTK&org=stk&fix=
Oh and time to check back. Where is my buddy the shorter who thought a bear market in gold was forming. Glad you made 5 or 10 points on your short and likely lost lots shorting there after. Its all good though as I am up over 200 points from there and not even interested in selling til $1000. All looks good still for weeks, months, and possibly even years to come. Sorry checked back a little later than a year. MM