Re: Another golden Cross
in response to
by
posted on
Sep 21, 2012 09:41PM
Hey did you guys key-in on the part of that article silveradomanmi posted, in regards to Gold's second "Golden Cross", the part that says........
"Technical traders and momentum-driven investors could buy more gold as the bullish formation will remain in place as long as the current gold price stays sharply above its 50-day and 200-day moving averages."
translation = The big guns show-up for the partyt!!
Do you remember I said in a earlier post, that with Silverado Gold Mines second "Golden Cross" in place, that the trading dynamics for Silverado Gold Mines would change for the better down the road, that the professional investors would be more willing to buy and hold the stock with a chart turned right-side-up. I was alluding to these big boyz, the techinal & momentium traders!!
$$ Ka-Ching $$ Ka-Ching $$