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Monthly Digger - October 2009


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http://www.trending123.com/patterns/Contin...rt-Pattern.html

 

With all respect, a diamond off a rising diagonal is bullish, a continuation pattern.

 

http://www.trending123.com/patterns/Contin...rn-Bearish.html

 

Diamond off of a falling diagonal is bearish.

 

Off the public domain/marketing section of John Lansings work.

 

 

 

gld on the daily chart looks like a diamond pattern, indicating top. if we take out yesterdays low, then the topping pattern will be complete

dharma

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Quiet here. 154.88 XAU looking very supportive.

 

Some folks have been wise to take profits.....especially if they have plunged from the top, like CG.

You can't really fault this trend, though....yet. Know your risk, support and resistance....and fundamentals. It is still bullish as GM so passionately points out.

post-361-1254462495_thumb.png

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This sector is like watching the Ali vs. Foreman fight. Just amazing action. Miners take off just to get pounded back down then spot recovers after taking a pounding. Good day trading material when longs and shorts are going at it.

 

When your trading against the bias there will be days like that

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