It has been a rather ridiculous two weeks. This blog hasn’t seen too many posts, mostly due to my horrific embarassment and reluctance to get back in the game. SRS, SKF etc took HUGE plunges following my recommendations… and while I had the good sense to steer clear of the mess (after losing 2% of…
Trading has many advantages, but articulating long term strategies is not one of them… Though I expect good things from the precious metals sector over the next year, today is the second day of high volume downwards action, confirming my thesis that there is a short term top in gold ~900. I’ve sold all my…
Didn’t spend much time watching the markets today, settling instead for an informal lunch, matchmaking a friend from overseas with my father… but that is hardly why you read this site, so here is today’s news.It has been another bad day for the longs, with some extra face stomping, as the SPY gently broke through…