tag:blogger.com,1999:blog-37433435.post6122668839983344154..comments2024-01-29T01:52:07.363-05:00Comments on Kevin's Market Blog: Charts Of InterestKevinhttp://www.blogger.com/profile/10858224918246729626noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-37433435.post-80941677810502162242007-10-28T00:43:00.000-05:002007-10-28T00:43:00.000-05:00Many thanks to Kevin. My thoughts on ar...Many thanks to Kevin. My thoughts on are as follows. Conformation W/HUI resistance broken @ 400, backtest to bullish hammer 388 will add 80 points. Oil leading gold cup formation 52 to 78 W/handle gives projection to 102. Silver the lagger will catch up signficant resistance @ 13.97 broken 50 to 15 to 13.97 is line. Dollar lost contact @ .82 when on August 16th oil kissed 70 will now clarencehttps://www.blogger.com/profile/02006299207409461924noreply@blogger.comtag:blogger.com,1999:blog-37433435.post-87931542933382462222007-10-27T19:39:00.000-05:002007-10-27T19:39:00.000-05:00Well said Gary...I agree with you on the COT signa...Well said Gary...I agree with you on the COT signals and the Dow Theory sell signal needing more confirmation.Kevinhttps://www.blogger.com/profile/10858224918246729626noreply@blogger.comtag:blogger.com,1999:blog-37433435.post-29124482079669810822007-10-27T09:17:00.000-05:002007-10-27T09:17:00.000-05:00Jack,COT sell signals are almost always early and ...Jack,<BR/>COT sell signals are almost always early and are nowhere near as reliable as COT buy signals. <BR/><BR/>Actually what we have is a Dow Theory nonconfirmation which is only a warning not a sell signal. A sell signal will come if BOTH the industrials and the transports break below the Aug. 16th lows. Money flows are posotive in the transports though so I doubt they will break below the Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-37433435.post-70949234886160317072007-10-27T06:44:00.000-05:002007-10-27T06:44:00.000-05:00I had tons of gold but sold it all between $720-73...I had tons of gold but sold it all between $720-730 based on super bearish COT. It has to go down at some point right?. <BR/>Looks like Oct 22 was a buying opportunity for equities, well I missed that.jackhttps://www.blogger.com/profile/18296604196178586258noreply@blogger.com