thanks stan, food for work this weekend.
Where will that end? Rhetorical question:
forward guidance will only be published and talked about for any SEC registered filing, no statement to be made for any current quarter (litigation act). Let be for coming quarters. <ng>
Most amazing is that non written rules are followed, and written rules are by-passed.
Gold, where do we go from here.
I always had, and still have, a scenario of 325-350 this year, 425 year 2003, and a bubble rally end of 2003 early 2004 (pretty regular 11 years top to top cycle). Get out when gold hits 600 or by end 2003, whichever comes first.
Anythingthing else, IMHO, is speculation or bubblemania.
With known dangers: if price of gold goes out of whack, trading in any form can be suspended (has been done before) and could extend this time to US equities (retail investors have to be "protected" yanno). Not sure if Canada would not follow this time. So, stay out of derivatives.
And still lotsa powder dry. <g> To buy any pullback to 320. ROFL.
And sell trigger ready as it could be used as soon as this Summer. Then switch to bubble trading. Rode one already and hope to get out early this time. <g> |
