Never Was One To Roll With The Crowd
One of the first things I remember being taught about the market is that it will do everything it can within it’s power to do exactly what you don’t expect it to do. Case in point the Head & Shoulders bottom
One of the first things I remember being taught about the market is that it will do everything it can within it’s power to do exactly what you don’t expect it to do. Case in point the Head & Shoulders bottom
I had written about a month ago to begin looking for good gold plays and it would seem that b/c of traders feeling uncertain about the market, gold got its push a little early. Hey, that’s ok. I got in GFI b/c I like their 1.5% div. and good liquidity (over 6mil daily) but I…
don’t break out the party hats just yet b/c the shorts are down. The thing about the market having low short interest is this gives the shorts the ability to pile in whenever and as much as they wish. In January SPX was down and so were the # of short postitions but then came a whopping 30% drop from January-March so don’t celebrate just yet the shorts are down. Be cautious.