Exclusive Strategies

Nov 7 Weekend Report (part 2)-    Bear on a Tear! Bears can be powerful when on the attack, and Bear Market sell-offs are no different! Sometimes, however, they just get tired. In Part 1,  I was pointing out a few other hated sectors that have been selling off viciously and showing how they are setting up at their lows in various ways. We caught Energy (XLE)  the day of the lows mid October,  and they bounced and double bottomed and so on. COAL / Uranium stocks similar...so what about Gold, Silver, & Miners? LAST WEEK I saw some interesting things and want to share them with you now. To The Charts!   Audio & what I wrote are almost the same, audio is 20 minutes, if you dont have time, reading it is almost the same. AUDIO = click here   wkend report part 2 GOLD WEEKLY   Gold rejected the lower price/break down last week and closed at the highs, just shy of breaking back into that trading area. We want to see that this week. Will we? Look at the Middle indicator (Histogram) & the RSI. At new Price lows , they usually drops too. We hit new price lows, break down lows, and the Hist held up. I like that divergence. At the end of Part 1 I said ...As I write GOLD is dropping straight down $6 and it will again be difficult to post a BULLISH report,  but I would actually like to see GOLD crash down to $1154!!     I would!      (He said as GOLD continues to drop)   We are now down $12 to $1166. I am O.K. with that.     Read More