some good points being made here.gold is still in a technical...

some good points being made here.

gold is still in a technical retrace.
dow has fallen one night only.

if dow really collapses then all stocks suffer including ncm etc.

if dow has a minor retrace this week then gold will have a minor bounce before it resumes its falls.


i am waiting for the next big collapse for a safer entry point for substantial buys but do have some day trades.

yesterday ncm was a safe buy at its first support at $27.70. I missed the boat and then bought at $27.79 but as a very short term trade. it bounced off $27.70 beautifully.

today the safety margin is reduced. it should close higher but today is a gamble and not a trade.

I am horrified at some of the risks being taken especially on gold and ncm.

enough said.

good luck all and happy and safe trading.