Thursday, January 24, 2013

24 Jan 2013

Long term is about as overbought as its been.
Short term seems to have formed a negative divergence.

Medium term has also slightly rolled over near its most recent peak.  It is hard to see on top of the black.

Buying right now is about as risky of a move as one could make.  The odds are horrendously bad.

This quote may not apply in the short term, but nonetheless, it applies.

Get gold, humanely if possible, but at all hazards—get gold.
King Ferdinand of Spain

No comments:

Post a Comment