BDR 0.00% 6.5¢ beadell resources limited

15 cents?? should i buy in, page-37

  1. 7,702 Posts.
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    @V*
    I'd get back into gold when I see a clear reversal in the USPOG.
    I don't believe it's even near the low....it's in the middle of a range, and the path of least resistance is currently down, at least down the Feb flagpole (exponential up, exponential down). Around USD 1,046 or so is a critical level , at which we can might expect a bounce. That level has to hold.

    Whether it's just a pullback, a bounce, or a genuine reversal (which I defined in detail last night) waits to be seen. I can only go one swing at a time. Unlike our paroled Heart friend on Gold Forum, I can''t predict the future.
    Let the market show it's hand, and let's see what picture we can draw of what it shows us.
    Hope this helps
    I have to watch my other holdings right now, and continue my own learning....(which is sorely lacking)...
 
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