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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: chainik who wrote (42563)12/10/2005 4:03:28 PM
From: ild  Read Replies (1) of 116555
 
Apparently you are trying to find a prefect indicator that gives you 99% reliable buy or sell signals. I'm not aware of any. Please let me know when you find one. -g-

To me Gold COTs are currently neutral.
Rydex PM traders are cautious as they have recently sold a lot of their PM holdings, apparently betting on a correction (exactly as you are).
idorfman.com

Too me it all depends if we are in uptrend or in downtrend. I believe we are in uptrend, so we can stay overbought and become more overbought before a correction happens. My way to trade wiggles is to sell naked puts and covered calls on optionable miners.
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