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Re: KastelCo post# 18577

Thursday, 03/12/2009 2:48:48 PM

Thursday, March 12, 2009 2:48:48 PM

Post# of 19037
K...no no no...not frustrated at all...I'm not interested in buying these "explosions" and besides I bought the SnP index in size yesterday afternoon - so I'm doing fine. What concerns me is gold, because I see it as insurance and the only way I'd feel comfortable in owning the SnP is with gold going down, and not the other way around.

...and about the markets: I don't know if I'd buy right here...I have a thing about paying up more than 2% to get into a position, even in a fast moving market...watch the hourlies and buy the pullback, if you get a pivot point that's a higher low then the previous low...it's the trend you're interested in.

...and here's my hope; let's have that multi-month rally Marc Faber has been talking about for the past month or so....I'd love to have a new trend follow.


FP........................................................

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