Gold: Can you follow a bread crumb laden trail?
I talked about causation vs. correlation with an earlier
post about bonds. That seemed a little outside the box
for some people, both fundamentally, and technically.
This is about as simple as it gets.
So simple, even a permabull can do it <vbg>.
If this has not been the easiest trading range
for gold, and gold stocks that you've ever traded,
then you may want to read this...
sliderontheblack.com
S.O.T.B.
PS: Ron
... how dare you "think" like a NeoCon. That's reserved
for oil traders, and this is a gold bug board.
Did you hear the lead on CNBC this a.m. vis a vis oil?
Do you see and hear what's driving oil?
Enough on oil... let the herd be the herd.
How about the Dow Pig?
The pig had lipstick didn't it?
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Message 24550831
5/1/2008 9:18:53 AM
From: SliderOnTheBlack 11 Recommendations Read Replies (4) of 10436
This rate cut was about "one thing"...
An attempt to jam-job the DOW over the 13,000 technical
level, so that Ma & Pa Kettle would be drawn back into
the market -- allowing Wall St. insiders another
trading exit.
...nothing more, nothing less.
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So it was written... so it was done.
...whodathunkit <vbg>?
Lead, follow, or get the #@$% out of the way.
Your most humble one,
S.O.T.B.
PPS: Relative the ongoing inflation/deflation debate,
there can be no question that so far...
this has been an "inflation" trade.
But, that doesn't mean it will continue to be so.
Is anyone thinking (ahead) about how gold, and
gold stocks perform in the various stages of deflation?
Are you keeping an open mind -- as far as the
inflation/deflation debate is concerned?
Or, are you a "one way" trader?
Gold bugs may soon reach a crossroads.
One, in which choosing the right road,
may lead to massive windfall profits.
And the other, which may result in becoming
road-kill and giving it all back.
Markets move in both directions.
Markets, and economies are dynamic, not static.
Gold wears many hats, as should traders.
How many hats do you wear?
Are you a dynamic trader, or a static one?
ALWAYS be thinking...
ALWAYS be asking questions...
ALWAYS be anticipating...
ALWAYS keep an open mind...
AND never, ever, fail to take what the market gives you.
You have two choices in this environment...
Pro, or Joe.
Which one do you want to be?
Tune out the cheerleaders, and put away the pom poms.
You'd better be 110% focused, and on your "A-game"
going forward.
The "throw a dart"... easy $h!t is over.
So it was written... so it shall be done. |
