True. This 'overshooting' tendency can really screw up your faith in your analysis. Many times I've folded just before my trade proved true....
Betting against the USD has been just too easy; we're due for a major shafting of non-insiders. The Dollar Index components are looking a...
Went short PDG this A.M.; just covered. Maybe a mistake. Euro brushed 123.0 this morning. That fulfills its immediate requirements and sets...
Thanx, T-Guy. Wish I could say I'm making a ton of money. Truth is, I'm OK at research and analysis and rotten at trading; I'm always...
The Dollar down, Gold down was a fleeting moment; I didn't take it seriously at that point - just pointing out that any combo is possible....
No doubt that a lot of that Large Speculator long position is solid institutional investment, but even these guys will hesitate if things look...
As virtually everyone on ET must know by now, Greenspan has been boasting since his college days that he would have the moves to avert the next...
Apologies for the delayed response. If we stick with our premise that TA is evolving through a feedback relationship with the market and that...
Please consider my posts of 10:30 and 11:01 this morning, addressed to ILLIQUID and CUTTEN respectively; informed critique is always...
Widespread anticipation of 420.0 resistance may well lower the resistance level to 410.0- . The extended longs must be very nervous right now,...
After further consideration of the Dec. contract daily chart I believe I perceive a plausible alternative to either your ascending triangle or my...
I see what you mean. If your reading is right this thing is a monster! I would be downright overjoyed if you are correct; I could eat my losses...
True, but Gold is in a rising wedge - albeit a pretty big wedge with a long way to go to the apex - but it's still a bearish formation. And,...
Good thinking. Will get back to you this aft. All I will say at this point is that computers are only as good as the programs that run them....
Sometimes even the Big Money makes a hasty exit - more like the descending part of a trajectory than a trend. Let's hope we don't live to see...
Look what we have this morning: Gold down; Dollar down; Equities down. Anything is possible.
I'd say more like 90%. Some TA is basics, or at least de facto basics, by way of being virtually necessary functions of basics.....
And a pretty good thought at that. Maybe the distinction between metals and cash will blur with ETF's coming on the scene. We'll see.
Sounds pretty plausible to me. "Experts" anticipate ETF's to be equal to 1.5 - 2.0% of global gold equities by 2004's end but these are nothing...
Hey, GAT - I've given up on long-term considerations; as far as I'm concerned there are too many black box factors operative in the global...
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