Getting ready for the bottom.

[#1]

typo.29800.

[Russ]

Isn't ANG on its long term support line right now?I wouldn't want it to break that?It's also oversold-hence I think it likely to move up from here.

[Fredsed]

Who cracked the China? Prepare to break the cauldrons and sink the boats. Tighten chin strap. Now departing Defcon 2. Chin chin.

[#4]

yeah,Russ....ANG is getting ready to rumble.Dives hard and then it's Turbo-Flo time.Up.Up,Up.I've decided.Half of ANG sell at R380.Half Of GLD at R139.Why? price-objective on ANG-ie Inverted Head and Shoulder = R500+.GLD could well see a Triple Top breakout.Why waste it,I say.

[sponono]

the M in William O'Neill's CANSLIM stands for market direction.

[#6]

Blood in the Streets.As the Wall Street gang led by Goldman Sachs does the FAKE-down breakdown.Don't fall for it now.They want those shares cheap.DON'T give it to them.Think like the devil....cunning is the word.Come devils....waiting.

[kwagga]

I see support at 30450, we break that we we could see 28600, then 26600. Not looking too good right now.IMO

[#8]

Nah...they're just running the STOPS...is all.

[#9]

We could have a R280....like it.Come,come,come.

[Russ]

Very oversold on daily and weekly.Interesting.

[Russ]

Likewise GLD.

[Fredsed]

Dragon for supper, yum yum. Now do keeping fit, to start with pose like praying mantis. Thirsty work.

[sponono]

from R322 to R300 that's a 6% drop. If you are on CFDs with a gearing of 6 that gives you 36%. You need a 7% rally just to get even (this excludes the market maker's spread). Better you than me.

[SimonPB]

here be some much needed fodder for the poor (poor in both senses of the word) gold and silver bulls .. http://tickertalk.co.za/blog.php?user=Lakeshore&blogentry_id=3567

[#15]

Well Simon,I'll say this....when it comes to Silver and Gold you have always been consistently anti since 2006.(heh)##Nah,dude.Look at that GLD weekly chart and stretch it out.What do you see ? I see a Smart-money BUY-on-Dips chart.##I agree that the Gold counters have struggled and struggled over the years.Due to the Naked Shorting activities.And of course,it's "here we go again.(yawn)"BUT....this time it IS different.I use ANG and that massive Reverse H&S formation as clue.ANG gave it, when speeding to R390 and of course, it is now visiting the neckline for a last kiss goodbye.I don't worship Gold and Silver,blindly.But let's face it.Since 2000, has there been a finer protector of Purchasing Power ?(Investment-wise).And that's the beauty of markets.Each to his own.And look.....we're both still here.I'll drink to that.Cheers.

[#16]

Jackie Chan in 'The Drunken Master' would beckon you to the priesthood of Unorthodox.Ba-HASHI-ba ! Strike the Pose. Eagle Claw,Monkey Clutch,Hidden Dragon,Tiger Crouch....Gold is the prize.We watch in silence.

[SimonPB]

dude, forget 2006 .. I haven't ever traded gold or silver, actual or share .. I do own a KR, but I inherited that in the 80's ..

[#18]

A journey of a thousand miles starts with a single step.Now buy another one.

[#19]

Horses for Courses,sponono...ANG is wild and below her 200ma.In a BULL market for Gold.Tail-downs are opportunities,not threats.

[#20]

And on that note,the Zarp wishes all well.See ya on the other side.