Everything is working out as I expected so far....
Post# of 75011
Posted On: 11/07/2016 12:07:40 PM
Everything is working out as I expected so far.....
If you read my first blog posting which is pinned at the top....I anticipated resistance at the 6 to 7 cent level, and then the potential for the golden cross.
So long as the PPS stays above the 50 and 200 dmas that should be coming up in the next 5 to 10 trading days barring a sudden jump in the PPS which would bring it about sooner. Assuming the GC comes to pass its just a question of whether we get that blue sky breakout I would expect.
I think the overall markets will breathe easier once you Americans get your damned election over with. In Canada we had an election last year that lasted something like 68 days, and everyone complained that it was long and gruelling...your election cycles are insane.
Its obvious to me the market wants a Clinton win...the futures all jumped when it was announced the FBI wasn't recommending charges in the latest email investigation. I think she will win, but my fear is about how some Trump supporters may react.
If you read my first blog posting which is pinned at the top....I anticipated resistance at the 6 to 7 cent level, and then the potential for the golden cross.
So long as the PPS stays above the 50 and 200 dmas that should be coming up in the next 5 to 10 trading days barring a sudden jump in the PPS which would bring it about sooner. Assuming the GC comes to pass its just a question of whether we get that blue sky breakout I would expect.
I think the overall markets will breathe easier once you Americans get your damned election over with. In Canada we had an election last year that lasted something like 68 days, and everyone complained that it was long and gruelling...your election cycles are insane.
Its obvious to me the market wants a Clinton win...the futures all jumped when it was announced the FBI wasn't recommending charges in the latest email investigation. I think she will win, but my fear is about how some Trump supporters may react.
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