Courtesy of Read the Ticker.
This sector is showing the price pattern known as the ‘heart’, it is ready to move. Last time we saw this pattern price doubled.
With reference to our swing trade idea of long Barrick Gold (Symbol:ABX) the sector is setting up again, for a big move. Get ready and time you entry!
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The theme song for this idea is:
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Investing Quote…
..”Don’t take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don’t be an impatient trader”…
Jesse Livermore
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.
Nobel Laureate for Economics Paul Samuelson
..“By failing to prepare, you are preparing to fail”..
Benjamin Franklin
..”Money can’t buy you happiness but it does bring you a more pleasant form of misery”..
Spike Milligan
..”The key to making money in stocks is not to get scared out of them”
Peter Lynch
