for some reason I'm not as comfortable as I would like to be. The AH did present a great opportunity to optimise entry. Stocks were flying all over the map. Given the futures picture one should feel pretty confident about the early direction anyway. The question is will we bounce once again before surrendering.
Gold stocks had a pretty good day yesterday leading the bounce for most of the day dispite the metal price closing $15 lower. This morning the metal looks poised to recover and that could set the stage for the stocks to take off. If we get into an all out liquidation then all bets are off. When that happens everything sells and there are no safe havens. My guess is that we are going to dance around a little today before giving it up tommorow and into the next black Monday.
Back to ALL IN SHORT
Started by
2cents
, Mar 01 2007 08:32 AM
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#1
Posted 01 March 2007 - 08:32 AM
My opinion isn't worth the HTML it's written on