Monday, February 23, 2015

The cleanest dirty shirt…or long $ no more




Is not is quite amusing how long term charts keep making money when you filter out noise, turn off TeeVee and stop having “opinion”?

Took profits on long term short crude oil position

If anyone wants to listen to experts that oil will be going down more because of ….blah blah blah – good luck with that.  I am happy with my Great yellow Line target on downside.



Saturday, February 21, 2015

Gold update

Setting tight stop on my short position ( tight stops on long mentioned on Jan 21st post worked out nicely for 100 points move) and might (OR NOT) switch long again with stops/reversals under recent lows. This time directional move might be quite illusive and position will be very small if any at all. DO I think move down is over? Good grace – of course NOT – gold has way more to go down.