Short Term Trading Member Forum

[jglider]

Ya boy good question,

Well speaking strictly about gold,, Price wise I was thinking 1600/40, we got close. This goes then mid 1500s

Going into late Nov. the dollar was expected to turn into a traders market and so far it has. This makes me hesitate and have been playing 1-5 day swings off my s/t system with the dollar and PMs since late Nov. Have not traded gold itself, just the ETFs and Rydex with good results as it only takes me 5 minutes a day to play.

However, for sometime I've felt March or April would bring in another I/T low with bias to March.... I've not taken the time to work out the markers to be more precise.

Bonds should be the key.

I should work on those markers, have been busy remodeling a kitchen. But if my SnP markers mean anything the crazy swings should continue for a while.