Wednesday, March 18, 2009

9:24AM PDST STAY AWAY FROM GOLD UNTIL THE SMOKE CLEARS


If gold drops lower, it should trigger even more
sell stops and the price will fall even further.
Picking a bottom here is next to impossible.
But if you do pick a low and get a good bounce,
TAKE YOUR PROFIT IMMEDIATELY!
You can always rebuy when it retests the low
and then hang on for the long run up, although
this market is so volatile that hanging on for any
length of time has you losing profits made and
having to re-earn them