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pmiles

05/24/06 6:36 PM

#21177 RE: pegwatcher #21162

Hi pegwatcher

Not really! i still have a bit of gold I bought on this retrace but I'm not going to hold it on any further drop.

the metals and many other commodities have be in "pseudotrend" for a while and I'm stepping back for a while to wait for the smoke to clear.

I've gone flat on my retirement account which is where I trade stocks. I'll probably look to go short next, but not right away.

In other words it all looks like a period of flux and possible trend change so just watching.