Long, long, long ?

Emerald, Dienstag, 18.12.2007, 15:20 (vor 6188 Tagen) @ Emerald

hier Richard Russel's Kommentar zum Tages-Schluss N.Y.

quote:
Check out the daily chart below. RSI is trying to rise above the 50 (bullish) level. And at the bottom of the chart the histograms appear to be making upward progress.

As for price, gold has formed a triangle, which could be either a consolidation pattern or a continuation pattern. If it's a continuation pattern, the next important move will be a breakout above the upper trendline. If it's a consolidation pattern, let's hope it just continues sideways. The problem -- the last rally took gold "too far" above its 200-day moving average (that's the rising blue line on the chart).

The Russell advice -- as always, "sit on it, better known as patience." Remember, we're not holding gold to make a killing. We hold gold because gold is real, Constitutional money. Gold doesn't need any government or central bank to state by fiat that gold is money. Forget governments, forget central banks, forget politicians -- thousands of years of history tells us that gold is money -- and that's good enough for me.

unquote.

Vermerk: Bei 75 % der getätigten Käufe habe ich gleich wieder July-2008
Calls verkauft, damit wenigstens das Rückfall-Risiko abgebremst wird.

GFU $ 17.50 July
NEM $ 50.00 July und
AUY $ 15.00 July Calls.

Schönen Abend.

Emerald.