Well, long term system always going with seeking extremes, covered the shorts on way up, if I had crystal ball-could have just hedged, but new highs and making a certain pattern at highs, have no option than sell them and hedge them. But several times of doing this, don't have that crystal ball, hopes it drops another 25 points for first target of forty points, otherwise......Gold not screaming on up.
I am pretty darn sure the technical term is not "poopie". But if you wrote the meeting minutes, OMM, I would accept that from you. Either poopie, or "everything has gone to shit." Yep yep, totally acceptable.
P.S. The "futures" are not in a free-fall. Stop looking at futures indices like BCOM and CRY. Asstastic nonsense. Do look for volatility to increase in futures though.
Yes I do, I see the USD/JPY and the DAX are turning up. So I will wait until NQ hits 5702 and then re-evaluate.