Wednesday, May 23, 2012

Bucky and ES and GDX

My only big position was GDX long calls

Bucky continues to move up while ES flounders, in apparent kickdown from the lower sloping up channel.

Predicted "rip your face off rally" seems to be on hold at least.   McClennan oscillator spike down predicted an equities ramp up, although Hawaii Trading Fear Factor and VOS were saying tank down on equities.    Do I trust McC or my own stuff more?   

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Insightful and Useful Comment!