Gold in a quandry. The last few days are a clear buy signal. Sometimes you take a valid signal and get your nose bloodied. That’s life. That’s the markets. The stop is about 5% under the nearest low. Close only. When this market breaks out it will be too late to get aboard. Same for silver. This is a musical chairs market. We are undertaking a complete new analysis to see if a new strategy comes out of that.
- Post author:WHC Bassetti
- Post published:March 22, 2009
- Post category:Letters
- Post comments:0 Comments