Tuesday, February 2, 2016
Gold Stocks Are Conforming to The 1986, 1992, 2000 and 2008 Lows
It is important to note that once these flurries to the upside were complete, sharp but very short-lived sell-offs occurred. In 1986 and 2000, both markets retraced 56%. If we were to replicate this pattern, our market will give back half of whatever the ultimate gain is. This will be another excellent buying zone.
Reward-risk multiples? I start this video by showing how the bull markets unfolded once final lows were in place and what the implications of this are on profitable investment and speculative positions. Click on image for video.
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