Post by
4x4 on Oct 16, 2012 1:29pm
Momentem building...???
we will see at end of day....nice volume even though some large crosses....
Comment by
4x4 on Oct 16, 2012 1:34pm
.58-.61 the next resistance....????imo
Comment by
cookster9 on Oct 16, 2012 2:07pm
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Comment by
4x4 on Oct 16, 2012 7:17pm
With the same kind of volume and buying at the ask....then .61 could be in the cards tomorrow...a close above .58 tomorrow would be a good for the push and hold past .61...????
Comment by
VentureTrader1 on Oct 17, 2012 11:12am
gd1 - I agree with you, although there are signs of positive momentum building, I think it's a litle early to call a turn, especially with the big institutional 'supporters' so willing to dump into the market. A weekly close of .62 or higher and I'd start to think maybe the tide has turned.
Comment by
Cocopele on Oct 17, 2012 12:13pm
I love optimists, even if a piece of poop will fall into their hands, they will find a nut inside!
Comment by
gold_diggers1 on Oct 17, 2012 12:50pm
ALLEN4 - "...Relax, we still have the afternoon. I don't know where you guys/girls live but where I am this is the lunch hour, which is normally slower. At this time yesterday we were still at 50 cents, so maybe we get some excitement again in the afternoon....." . I am taking bets on what price VTR closes today...... anyone? . GLTA
Comment by
ALLEN4 on Oct 17, 2012 12:58pm
I will let you know in about an hour.
Comment by
4x4 on Oct 17, 2012 1:26pm
When I posted that Momentum was building....I was strictly looking at the momentum on a one day basis for the traders that I picked up at .50 cents....if you look the trades were being done at the asks, bids were growing, volume was increasing, the size of the trades were getting significantly bigger...etc.... momentum grew as the day went on.....
Comment by
4x4 on Oct 17, 2012 1:31pm
Technically I would like to see a close of .58 so that this so called "momentum" can continue to help the chances of pushing through the .61 level.
Comment by
gold_diggers1 on Oct 18, 2012 10:18am
What $.55? Momentum.... What momentum??....... Hellooooooooooo....... . GLTA
Comment by
VentureTrader1 on Oct 18, 2012 10:54am
Gold's stuck at 1740 - 1750. If it was going to move up without moving down first it would have done so already. This waffling around suggests that it we're probably going to get another sharp drop in gold (I'm guessing somewhere between 1690 and 1720) before the move to 1800+ (and I'll get my .45's and .37's finally...)