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clock Created with Sketch. 22/08/15
12:54
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Originally posted by AverageJoe
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Johnny all I see from your chart is a stop sweeping from that Shanghai selloff a few weeks ago as the final dip by the smart money to load up first. My wedge pattern that I saw is still valid although the edges are rather rough. I was surprised it took so many weeks of build up at the base but I was not a punting trader. I was watching the resistance like s hawk at the key resistance for weakness to short subject to my personal setup. I didn't see any so by yesterday that spike through was solid enough for me to start buying gold stocks again. Raided some NST and SAR. I have to admit I am buying SAR slightly blind as I have not done my homework besides little or no debt on their BS.
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BHP are expanding drilling for oil and gas on the American sea board. They are bargain hunting and this suggests that they think oil has bottomed. BWAHAHAHAHAHA. I might consider buying BHP at 6-8 dollars.
