Professor’s Comments 2nd Update 2/25/20
Posted by OMS at February 25th, 2020
The Model just bought 1,000 shares of DUST and 400 shares of DGLD. Cost for DUST was 4.51. Cost for DGLD was 21.12.
The Dow has hit its target for wave 3 down. If the Dow begins to rally from current levels, gold should begin to fall.
With the Dow down more than 800 points as I write this, the Model is buying 400 shares of DDM on the assumption that Wave 1 down is nearing completion. Wave 2 up, the snap back rally I talked about earlier this morning, should be next.
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Not sure of the terminology we use? Check out these articles
The Hockey Stick Pattern
The Creation of Waves and Trends
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Category: Professor's Comments