Wednesday, July 11, 2012

Gold Miners: Back to $22?


The beauty of "Point & Figure Charts" is its ability to identify "Stages."  In this chart of GDX, one can clearly see the "Distribution Phase (Stage 3) and the current Selling Phase." 

1 comment:

Anonymous said...

Mr Debauche,

My name is Tim, I took your online Finc331 this spring. I really appreciate your P&F chart analysis in this blog.In class you provided a PDF covering some basic elements of P&F charts but it never got covered in class. Do you have additional educational material that is more in depth, especially related to the stages and price objectives that you could provide?
Thank you sir.