overreaction, page-25

But this time it's different.

i hate those words, and I am a technical convert, but not with complete disregard for the fundemental underpinning.

the fundementals have changed. The break out reflects this.

this does not mean when gold turns back, we don't see a $1. It means that while gold is underpinned by some risk, the leverage over larger ounces makes a bigger difference.

i am glad I am slow on the sell trigger. That does not mean you should not have your finger on it.

tech psychology means that we overshoot in both directions.

that is why I work and cannon does not. He backs himself and is faster on the draw. He can live with the fact that he does not get every trade every time. He gets enough enough of the time.