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Strategies & Market Trends : The Home Run -- Ignore unavailable to you. Want to Upgrade?


To: gold 77 who wrote (189)6/8/2006 11:23:54 PM
From: Patrick Slevin  Read Replies (2) | Respond to of 525
 
Well don't get caught catching falling knives.

I don't know what I'll do with the thread, it seems to have served it's purpose. This weekend I'll do the final tally.

I'm tempted to start a new position right now. I think the Dollar had it's day in the Sun and it's likely time to start to position once again.

I would not advise you to do so. In my case I have some risk capital that was built up since January so I took a few mini contracts tonight.

Reason being that I cannot watch tomorrow, and I wish to be positioned Long into the weekend. It could certainly drop lower; would not be surprised to see it dip below 600 tomorrow or early next week.

Much more reluctant to stab at Silver yet however. I think Silver requires a lot more of your attention.