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Allan Harris'  Instablog

Allan Harris
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Developer, Chief Strategist and Head Writer of, a trading service based upon a proprietary algorithm that identifies the dominant trend of any stock, index or ETF.
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  • Quantum Profit
    , contributor
    Comments (1415) | Send Message
    Allan AGQ is an exciting product. I think it would of been great early February until last Friday as I am under the impression that Silver is showing signs of being overbought and having weaker volume and that new Down trend for Silver starts today Feb 24th for awhile so tread with caution.
    Caveat Emptor…Buyer Beware!
    24 Feb 2014, 08:17 AM Reply Like
  • Allan Harris
    , contributor
    Comments (156) | Send Message
    Author’s reply » QP,


    So long as AGQ is above it's trend-reversal line, it is a buy. More importantly, SLV is also above it's trend-reversal line and therefore silver is long. I trade AGQ as a surrogate for SLV signals, thus it would take SLV breaking down through it's trend line for me to reverse short AGQ.


    In other words, with credit deserved to Johnny Cash, "I trade the line."


    24 Feb 2014, 09:33 AM Reply Like
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