Posting of Real-Time Trades and a VERY SIMPLE technique that makes TRADING SIMPLE!!!
Wednesday, March 5, 2008
Peter
We're on the same wavelength. I'm thinking we break 12,000 DOW tomorrow or Friday then we could be looking at breaking the January lows. Still shooting for $150 SKF by the time it's all said and done.
No question gold will correct again before the next rally. However I'm a little worried to be sitting in market shorts. The bad news swirling around did not cream the markets like I had hoped. The possibility of a fed intervention is looming in the background if the markets get kicked down too hard. 12,000 is a crucial number for them, staying above is very important, I will be extra cautious. What are your thoughts??
1 comment:
No question gold will correct again before the next rally. However I'm a little worried to be sitting in market shorts. The bad news swirling around did not cream the markets like I had hoped. The possibility of a fed intervention is looming in the background if the markets get kicked down too hard. 12,000 is a crucial number for them, staying above is very important, I will be extra cautious. What are your thoughts??
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