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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (88102)6/18/2009 9:16:50 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Patience is a virtue with spoos, model on a sell, so I wait
with the buying -g-



To: GROUND ZERO™ who wrote (88102)6/18/2009 9:32:51 AM
From: Real Man  Read Replies (2) | Respond to of 94695
 
I sold 1/2 of my gold stocks that mostly track HUI when it hit
400. I now upped that by to 2/3 of my previous
position, still 33% light. Just sitting on the gold, it is
nutty in the futures, but pretty peaceful as physical yellow
metal. It's the mining equities that are really wild. -g-

I'm waiting for further dips, but will buy a breakout as well.
Note that RSX hit 26 and FXI hit 40, strong resistances.
I'm just interested in dipping into BRIC again on a crash if we
get one. They served me well this year. -g-