============= Nice long term uptrend-GLD, gold; nice medium term uptrend. But for short term profitable long entry; i suggested a short term GLD trader think about getting out yesterday or today. Not a prediction;not INVESTMENT ADVICE. Gold & silver have nice very long uptrends/value; more than 4,000 year uptrend . Also slightly bearish in short term; all the gold silver dealers want US dollars, in exchange for gold or silver. Not a prediction.Nor is someone nicknamed ''turtle'' the best qualified to make short term trend comments
================ I told a gentleman in a pawn shop one time ; had a phone i got from Time Life Inc, it said ''Time'' on it. As i left that business ,[ plenty of gold & silver jewelry]he said''Take your time, take your time................. Also funny but true; daily GLD ,parabolic time price just gave a buy signal close today. But frankly i ignore that indicator more than i use it.Great indicator, but like Don Bright Trading Co said, dont put much faith in indicators.
I hear you. Not a prediction - they are all worth 5 bucks at a Palm readers desk. I like the price action and that all I care ...if we can make and hold new highs it will be raining. SO just pacing it in now.
=========== Never seen any upternd without a correction Or Downtrend, Interesting news; may help the long term uptrend, may not. Argentina inflation rate 25%, gov threating data providers.[Seeking alpha]