Gold. Your correspondent makes an ill advised trade.

Posted on Feb 10, 2009 by in Letters

We need one of those whips that flagellantes use to beat themselves with.  Yesterday we scaled out of a little of our gold position.  Every good trader in the world says the same thing.  I didn't follow my system, and we didn't.  It had something to do with the full moon, but we don't want to go into it.  That would be worse than the whip.  Anyway here is the chart with two alternative stop methods illustrated, as seen in the StairStops book.

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