Replies to post #143 on Swing trading Canadian

[Croesus I]

Hi Bob,

As you well know, I'm sometimes my own worst enemy when it comes to playing long a particular sector (such as the PM's, based on the monthly/weekly charts) & then trading the short-term ripples (ie: 15 to 60 min charts) for nickels & dimes. One can leave an awful amount of "C" notes on the table.

Playing the short-term swings in GOLD & Silver was a lot easier when everybody had the PM's on ignore a couple of years ago.

Since the sector currently is way too volatile & too illiquid (although that is changing <g>), my current strategy is to just sit tight & ride the bull.

The larger picture & the current macro-economic view IMHO support that view.

Regards,
Peter

edit: Still waiting for those $25.00 overnight pops :)