What a rally off the lows this year. Lots of money has been made...and lost. Bears sorta owned Thanksgiving thanks to the dive on Black Friday. Bulls just may sorta own Xmas in the same way...we will see.
Where I stand?
Gold is obviously going parabolic, markets are overbought and continue to get overbought.
The path of least resistance is higher.
The rally is hard to believe and I have not traded much the past month.
I'm going to sorta stick to this strategy of not doing much unless we see big up or down moves in the currency and stock markets.
Good luck out there!
you can email me with thoughts questions: tenyeartrader@yahoo.com
Subscribe to:
Post Comments (Atom)

Excellent
ReplyDelete