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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Thursday, 13 June 2013

NUGT

if it can get above the moving averages this could really move. Nice bullish twin towers pattern at the May low !


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3 comments:

  1. Anonymous14 June 2013 at 00:12

    Agree! Nice chart. Tracking same thing in GDX and same level for entry.

    http://redlinescenario.blogspot.com/2013/06/stock-market-update-are-gold-miners.html

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  2. Chartrambler14 June 2013 at 01:07

    Yes I saw that,nice ! risk/reward looks good here,still not sure about the gold chart though

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  3. Anonymous14 June 2013 at 02:16

    I saw some hurst cycle thing that is now convinced 2011 was THE cycle top for gold...I haven't pondered that...most were looking at 2013 for solar max...

    ReplyDelete

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