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Tuesday, March 20, 2012

Profit booking time

Morning all
As you can see at the present time the market is down 1396 silver 3228 and gold at 1648.50.
I am going to start booking profits after I have completed this Blog and will look to reload again on a spike up, which I anticipate before the first hour is out on the Market.

The Europeans are down 1% and I think today the US might just follow Europe down.
Now housing starts will be interesting to see at 8.30am.
A pick up there will run the market up while a flat number might just stink the market .

For the commodity players look at a buy on copper around 1-2pm this afternoon for a run up.
For the index players look to be established short by 10.30am for a move down into the 1-2pm time zone.

As always use the above as an indicator to your own work.

cheers

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