agree that 2.75 (range from 2.75 to 2.85) needs to hold if this leg up is going to continue
I am a little curious as to where the $2.75 number is coming from. I suppose that statement would be correct in that if SGR breaks below $2.75 we will be looking at another market meltdown or a major correction in Gold. Either of those events IMO will again be indiscriminent in Equity selection. I will be waiting patiently to profit on the opportunities that will be available. I was very cautious after the 2008 collapse and slowly repositioned myself in Blue Chips not realizing the jr. golds wre the real deal. By the time I finally sold the last of my bank stocks the best deals were already gone. Mind you I made money on the Blue chips, however caution will not be a factor in my stock picks if we are faced with a repeat of the last V.