Its An Illusion
/35 Comments/in Public, Uncategorized /by Alex - Chart FreakFriday Sept 25 ( Note: As I write, GOLD just got sold off $1228 to $1218 )
In the above picture, are these horizontal lines parallel or do they slope? Its an illusion.
When a magician lifts something up with his right hand and holds it right in front of your face (While his left hand is grasping something taped to his left pant leg) and claps his hand and everything changes in a puff of smoke...Its an Illusion
And Thursday, when I looked back at what has happened to $GOLD & $SILVER lately , and then examined a few other things, I thought.... IS THIS REAL OR IS THIS AN ILLUSION??
Notice $SILVER- Breaking down to new 4 year lows! Everywhere I read, " It's going off a cliff, $10 to $13 Silver soon!"
Nobody is yelling, "Its on sale! Lowest Prices in years!" People used to buy it all the way down, but now there is an element of Fear. THATS GOOD!
And lets look at $GOLD...
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ENTER AT YOUR OWN RISK
/26 Comments/in Public, Uncategorized /by Alex - Chart FreakSEPT 25 I have NOT even mentioned Miners lately. They did not look ready, they weren’t acting correctly. Depending on your daily cycle count, Miners may be very deep in their count, due for a bounce. Some have them only on day 25, deep enough, but I have them on day 36! THAT is […]
SNAP-SHOTS
/in Public, Uncategorized /by Alex - Chart FreakTUESDAY SEPT 23, 2014 Just wanted to share just a few quick snapshots of some what I am watching lately.
ZNGA - Chart from yesterday, but its the same today. Tight stop below 50sma (Thx Cheri)
More charts ....
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