Tuesday, January 18, 2011
Friday, January 14, 2011
early next week
Early next week watch for that 1305 area to be taken. That's when I will be ready to play, patience just patience.
Gold
So Gold is getting a pullback but looks like the pullback will be deeper- Gold long after a pullback is a low risk play and should be profitable quickly. Still looking for the markets to drift higher.
Thursday, January 13, 2011
Game Plan
If we didn't start earnings season I would be setting up shorts here for a pullback but with earnings season at hand I expect us to slowly grind up to a out of range overbought situation. I will be looking at some spots higher to get on board. There is a possibility that this could be the pullback in progress after hitting the 1286 BUT earnings is the outside element here.
1302-1305 area if we get there might be a better short by my analysis.
1302-1305 area if we get there might be a better short by my analysis.
Wednesday, January 12, 2011
Gold
For the gold bugs- Gold looks like it wants to rest here. I would be taking Gold long on a size able pullback to maybe its 150 MA.
Subscribe to:
Posts (Atom)
