Of course that's just technical lingo. How many people who sold gold at say 420 on an intermediate 'sell' signal are left standing sidelines to this day cursing the monetary metal? In fact, maybe that's where gold bashers come from; they could be people who thought about buying at 325 and came up with excuses as to why to chicken out. 420? Oh but Prechter said....
But I digress; despite the PM complex being on a technical 'sell', I will hold my favored positions as usual. But I will raise cash as well, hopefully upon completion of this little would-be rally with the frustrating beginnings. The moving average cluster in the blue box should limit the move (if it ever gets here).
