Thanks for the additional chart , and additional commentary on the BML thread , GOLDBEAR .
You may have access to another chart of the XGD , which supports this .
I use a basic Comsec Chart ( too old to work sophisticated software ) ,,,,but basically I see this current "3rd leg down " having support at XGD 6000 , with a temporary spike lower possibly ( likely) occurring to signal a capitulation low .
That's where ( when ) I would use the remaining powder I have preserved for such an event , to complete the sector purchases .
The "mergers and acquisitions" that will inevitably occur .....might start a chain of such events that will likely make the upside even more explosive.
- Forums
- Commodities
- SILVER
- The biggest short squeeze in the world?
The biggest short squeeze in the world?, page-3060
-
- There are more pages in this discussion • 2,077 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)