Morning all. Thanks gttrain. Posters.If you ever wondered how...

  1. 32,561 Posts.
    Morning all. Thanks gttrain. Posters.

    If you ever wondered how this market stuff works you only have to look at Bernanke's latest effort to know it's all a game. Now we are in for the "forseeable future"?? I guess that means quite a while.

    GOLD has taken the goldilocks position. $1200 level was too low, $1400 is too high, just under $1300 is about right. Any strong moves away from $1300 I'd watch closely. Don't know how long this will last but it's high enough to keep most miners ticking over at least.

    I'd be looking to take profits on goldies that jump up hard on open.

    Caveat. Mr Market does not like to sit still for long.

    Lots of discussion about fast trading and lots of trades lately. That's good, but I also take the slow route and like to take steady aim and get a kill shot from my Range Rover. I am so low tech it would embarrass me if you knew. Just saying, it's not all about the fanciest gear.

    Check open orders.

    Happy Trades.
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