Wednesday, February 18, 2009

4:50AM PST GOLD RETRACES 75%, THEN KEEPS GOING (not shown)


This sudden run up on light to kinda moderate volume is just the typical morning buy in that almost always immediately gets sold off before or on the open.
This market is all over the map and is showing nothing but the long term up trend.
The best trade will be buying in on a severe dip and holding on for the long run up.
However, I am trading very short term for a little while longer.