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Thread: 10-25-11 Comments

  1. #1
    Join Date
    Dec 1969
    Location
    Tarzana, CA
    Posts
    962

    10-25-11 Comments

    Buy Switch is ON
    Market Exposure Limit is 100% invested
    Distribution Count is 3
    I own SBH, DLTR, SWI, CMG, ISRG
    Watch list is: ALXN, ATHN, AZO, NTES, NUAN, NUS, PII, RHT, TPX, UA

    Gold seems to have held the MIDAS support level anchored on January 28th lows. Chart is attached. The bounce was on lowish volume. I suspect that further quantitative easing in Europe and perhaps in the US is causing gold to be supported.

    Name:  Gold.gif
Views: 871
Size:  77.5 KB
    Mike Scott
    Cloverdale, CA

  2. #2
    Join Date
    Dec 1969
    Location
    Seattle, Washington USA
    Posts
    151

    thanks

    Mike--

    I appreciate very much that you have shared the new IBD MDM with us.

    Best,

  3. #3
    Join Date
    Jan 1970
    Location
    Las Vegas, NV
    Posts
    172
    Yes, I agree with Nickola. Everything you share here Mike is awesome. I am grateful for your posts. Thanks, again.

  4. #4
    Thank you, Mike.

    Gold sentiment also hit multi-year lows last week:
    http://www.ibtimes.com/articles/2366...ime-to-buy.htm

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