Yep....profit taking is happening today.
Fear is coming back a little bit and that is great...
respect for market is a must!!
We can see it in the world market today.....US started it last night.
Things still can change overnight if they have good numbers
There will be fresh money waiting to get in at some stage.
Longer term I have personally no problems holding my position.
AWC is doing great today where BHP fell more and others.
In a few weeks fresh push upward will happen again in world market unless there are bad news coming.....is this a pull back that everyone has been waiting or saying?
No one knows.....we just need to manage our risk and capital.
Funds selling their metal positions and getting into trouble.....would not surprise me....hey they are experts!!
AWC will survive well and so the world.....very soon one will hear some analysts doom and gloom again and probably they are wrong.
Stick to your opinion as probably they are right for your situation.
Cheers,
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