GOLD 0.51% $1,391.7 gold futures

skiers, page-3

  1. 2,213 Posts.
    mvded, the SKI system is not without it's ups and downs and I admit that I very nearly threw in the towel after he missed the move up last August, particularly as "blind freddy" could see a breakout.
    At the end of the day however, whilst the metals have been performing well the shares just have not responded and afterall the SKI system is based upon shares and not the metal and that is likely the reason for giving an earlier signal.
    I think the greatest attribute of the system is its ability to pick major turns, or as Jeff points out "critical junctures".
    We are, it would appear, potentially upon some greatness in the gold market, whether it unfolds as Jeff has been waiting for for years, as a multi-year run-up that sees gold shares explode upwards month after month remains to be seen, but as Jeff points out we are, for the time being on easy street, we have the BUY signal, now its just matter of watch it run and move our stops up until we're stopped out.

    Cheers
 
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