sell on the bounce, page-25

  1. cya
    3,836 Posts.
    awe i love ya parrot ya had to go back to November and the irony was you were saying exactly the same thing at the time

    but lets not mention that :)

    having said that the point Parrots making is perfectly true we all get it wrong, in the RAU case we both got it wrong

    and moderator I even posted the HC TOU no one was claiming they were providing licensed advice

    the message was basically to some of the folks that are newbies and leveraged who were in a world of pain after last week

    IMO opinion volatility makes leverage very hard to use in the gold market sector, you can get bounced right out of your position , if we follow the the 70's move that atlunch has kindly correlated to todays market we should expect wild swings on the way up, as you can all see 1979 was peppered with 10-40% moves, so last weeks move shouldnt surprise anyone, in fact if this is a 70s replay we might get much larger drops and rises than last week on a regular basis.






 
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