I don't bother trying to figure out the day to day action on gold. This is one I'm applying the Jesse Livermore dictum to: "It's not the thinking that makes the money, it's the sitting" lol
Ridge,
We should soon know where this is going. I've managed to define a lovely Darvas box on the Dow and the S&P. (Geez that sounds impressive. Wish I knew what I was talking about). Anyway the yanks have a lovely baseball term, "Winding up for the pitch." That's the feeling I get about this market.
