i try and factor all the information i have at my disposal into my trading decisions. of course certain bits of information trump others.
rajan the cbanker of india , got hatched out of his position. he was the most knowledgeable cb and seemed not to be corrupt. india is very corrupt
soros came out yesterday and advised the brits against exiting . now this guy became a billionaire as a contrarian." take what everyone knows to be true and do the opposite". so, i take what he says and think the opposite. , he doesnt reveal his true position until after the fact
this chart is quite revealing https://gracelandupd...016jun20gs1.png . @ the lows of 13, 14, and 15 the miners were undervalued and cheap , it took until 16 for all those buys to be in the green. the truth of the chart is miners are under valued in relation to gold. and in my opinion miners are still way undervalued.
the brit vote showing stay would not surprise me, who knows how reflective the tally will be in relation to the actual vote.!? but, i think other nations will line up and want to at least vote on staying or leaving the losing proposition!
so, my plan now is to wait for the gyrations of friday to see if i can pick off an undervalued miner or two
and i agree w/gannman , the counts look bullish.
dharma