Wednesday, February 27, 2013

BPGDM and gold stocks getting quite oversold and our system

The BPGDM (bullish percent gold miners index) is now 3.33%, that's extremely low, remember that a bullish percent chart can only trade between 0% to 100%, and rarely does it ever get to 0% or 100%, or even this low.  Our mechanical system has been short since Oct 12th.  When the system goes long we will let you know - this is a nice swing system.

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