Posts by "steven blyth"

GLD is forming a head and shoulders on the hour chart.

Gold bugs,

There was a very bullish daily reversal candle last week thursday on gold. I switched from being short to long. You must trade what you see and not what you think. Gold may indeed reverse back down but if you were still short gold after thursday last week you need to reevaluate and skill up on your trading because this thing can destroy your account.

PippedOff. Short term top in gold is also weatherman analysis :) Especially when parabolic moves usually have some sort of retracement.

Even if gold does go to 1030's i hope you guys got out of your trades and not suffering a massive draw down.

Hi there,

If we have a weak YEN in 2010. Would this potentially equate to a Japanese Stock Market Rally?


Steve