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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (24055)	8/24/2011 4:12:52 PM
From: Gary105	Read Replies (1) \| Respond to of 222131

Part of purchase is long term hedge against modest stock position so I can sleep nights with this volatility and also profit from either slow or rapid crash. The remainder I'll trade with close stop. The economic mood has gone from panic to complacency. The lack of QE3 announcement is being factored into PM prices (not sure if its fully factored this in or there is more downside). I am not sure where this leaves stocks - perhaps in a trading range, perhaps even prone to flash buying. Short term Americanbulls signals followed through today with buys for stock indices, sells for silver and most likely sell ifs for gold.