Thursday, September 3, 2009

GRIND UM UP DAY

Trendless meandering market this morning ......precious metals up.....market down ...miners moving up......no strength......conclusion .........broken....but then we knew that. So the real question is where are we headed..........trend is down for next couple of months with some real nasty stop shopping......this market is going to be treacherous for both sides of the trade....so as previously stated wait for clear signal to reenter ....play miners on gaps but you better have a position already and don't trade out of it.......chop chop ......thats going to be their strategy...keep your eye on gold.......pulleeeeeeeeze give us a pullback....gl gang

1 comment:

  1. Well we blew past 985 gold all the way to nearly and grand! The the dollar was flat!? Something is not right.. I can feel it. Yes the Choppy trade continues in Stocks hard to trade this action for sure miners going great guns again today HUI above 400 can it hold?

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