I believe the market gave me a gift yesterday as GLD, SLV, and the QID all pulled back to support areas. I took this opportunity to add on to GLD and SLV, and initiate a position in QID. Surges, like yesterday’s, are common in bear markets; and usually amount to “fakeouts” before continuing lower. BUT, one must always be on guard as new rally’s start when least expected.
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2 comments:
It looks like you and I bought qid at just about the same price. Good luck to us both. I subscribe to Gil Morales report too. I didn't buy gld, but did buy just a little rgld at 42. We'll see where it goes.
Does anyone have historical IBD 100 data or know where
I can get it? I will pay if needed.
Please respond to me at dctommy2@gmail.com
Thanks,
Tom
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