Tuesday, February 24, 2009
This deck might not have 52 Cards, but "THIS HOUR HAS 22 Minutes" fur shure
So this HOUR doesnt really have 22 minutes, but there are 17 CHARTS here.
Well for the simple reason that 15 of these 17 have maintained their chart formation and upside objectives
IN-SPITE of the bloodletting that is going on.
OH YES >
SUPPORT LEVELS !!!
Yes these stocks got support levels. ! ! !
It is interesting to hear that these stocks are HARD-TO-BUY,
and now have come down to
SUPPORT ! ! !
For those who get the DGS Letter, oft, we talk of "SUPPORT LEVELS", which
then puts us back in the
Yes, that is a scary idea, ACQUIRING STOCKS while they are DOWN, but that
also reminds me of something
I once heard: BUY LOW,
Actually, this just could work!
Now, if your concerned about the potential for getting whacked when you buy into a decline, you can enter a HEDGE.
What kind HEDGE?
HMM, maybe a some GDX Options? How about some Negative ETF's in the same sectors?
Maybe in a forthcoming post we will look at some projections for $HUI.
Seems to me, that a lot of readers here, if not GoldBugs, are at least Precious Metals Partisans, so if you liked gold in the 700's, 800's, well now its in the 900's. YUMMY !!
have fun ya'll