Re a sentiment change , when all the gold freaks and sky is falling scenarios slow down considerably, or start getting ridiculed. Remember , there are many people r4eading these threads , and when every second post is negative , many stay away, however , when there is an increased 'we are at bottom' posts, then people feel comfortable to jump in. Secondly, how do I try to pick the bottom? All I do is create a trading channel on the xjo, and when it breaks out, I am in . Allowing for any massive volatility variance, I hope to be ok .The chart is horrendously simple , and far from ground breaking , but I like it, and couldn't care less what anyone else thinks, it makes me feel comfortable.... 4800 seems a nice point to start ,but will look at it again next week.
