Hello all
Well the market is currently strong as expected.
As MA's are aware we went long at 1385. and as I come back from the fireworks of the NEW YEAR celebrations the market is now sitting at 1396
Yes while it can go a lot higher also I'm not prepared to stick around to watch it.
So I am cutting the trade at 1395.
I don't see how you should risk your profit on the potentials when someone can come out and say something negative which will tip the market over.
As I have stated before all bullish bet are off until there is clarity of direction on the political front.
I've finished doing some work on some of the commodities.
Today its gold and silver.
Please before you read, do your own homework and ask question to your financial advisor.
This is a PURE astrological call.
Its my very/extremely confident view that gold and silver will see prices of $1350 and $22 this year
or lower (2013).
Yes there are some pockets for gold to go up but the likelihood of further falls is very strong.
Its my belief that a great number of small gold mining companies will go belly up, because they are unhedged and they are also poorly run.
Can I give out times when these commodities will collapse yes but I'm not at the present time.
Currently Gold is at $1662 silver 30.05
Yes looking at a 20-25% correction in these metals this year.
As the A$ is tired to these metals is my Astrological view that the $A too could suffer also.
I'm not out to put the fear of god in anyone.
I'm just stating what my work is showing.
As always use this blog as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor more on the above .
Past performances are no guarantee for future performances.
Happy new year to you all.
Well the market is currently strong as expected.
As MA's are aware we went long at 1385. and as I come back from the fireworks of the NEW YEAR celebrations the market is now sitting at 1396
Yes while it can go a lot higher also I'm not prepared to stick around to watch it.
So I am cutting the trade at 1395.
I don't see how you should risk your profit on the potentials when someone can come out and say something negative which will tip the market over.
As I have stated before all bullish bet are off until there is clarity of direction on the political front.
I've finished doing some work on some of the commodities.
Today its gold and silver.
Please before you read, do your own homework and ask question to your financial advisor.
This is a PURE astrological call.
Its my very/extremely confident view that gold and silver will see prices of $1350 and $22 this year
or lower (2013).
Yes there are some pockets for gold to go up but the likelihood of further falls is very strong.
Its my belief that a great number of small gold mining companies will go belly up, because they are unhedged and they are also poorly run.
Can I give out times when these commodities will collapse yes but I'm not at the present time.
Currently Gold is at $1662 silver 30.05
Yes looking at a 20-25% correction in these metals this year.
As the A$ is tired to these metals is my Astrological view that the $A too could suffer also.
I'm not out to put the fear of god in anyone.
I'm just stating what my work is showing.
As always use this blog as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor more on the above .
Past performances are no guarantee for future performances.
Happy new year to you all.
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