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Re: StockItOut post# 4989

Thursday, 07/20/2017 1:38:05 PM

Thursday, July 20, 2017 1:38:05 PM

Post# of 6140
Unaware of the ECB announcement to hold steady on rates this am - my bad. Looks like market is now trying to gage the central banks plans WRT to its bond purchasing over the near term - possibly starting to wind down that QE at some point this year. Explains the sudden rise in gold this morning. Will be watching for a reversal in POG and likely sit on the sidelines until I see a set up for one. If you could catch even a small gain on that last buy would you take it? I probably would then look for a better or at least "safer" entry tomorrow or early next week...