Thursday, March 19, 2009

Now what?

Now the question is: Where do you get back in? I like 942 oz in this post Doji closeup:



Two things to keep in mind. We are in nutty times and retracement of this gold move is likely (thank you Mr. Fibonnacci,) but that may occur much later. I think most people should play this as a longer term hold. If we respect the 892 support level, you should be safe. If it breaks considerably, the more agreesive of us would sell our longs and start shorting.

You guys should try this for free. It's been my lifesaver and the reason why my accounts are doing so well.

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