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Strategies & Market Trends : The Ego Forum

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To: hubris33 who wrote (6689)3/2/2010 10:58:35 AM
From: TH  Read Replies (2) of 12175
 
hubris,

Hello. I've been lurking for a while.

I too believe 2010 will be a traders market. The quick and the dead. My short take is short nothing for it is roulette with the black box algorithms and the <secret> easy Fed money. I'm mostly just trading miners long and then going cash.

Short term I see a coil in gold that may explode if the Dollar rally runs out of a bit of steam and retraces a bit. I'm thinking anything positive on the PIIGS and we could see Euro to Dollar back to 1.40 to 1.415. I might take miner profits at that point, but right now I'm just holding major miners long and seeing how far POG runs now that the dreaded 1130 is breached.

Good Trading
TH
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