- Gold chart in parabolic takeoff (moving averages opening up, price far away from either).
- Took 20% of position off at 1344.
- When it goes vertical, always a good idea to book some profits along the way; something that I did not do enough of with the lovely corn position, resulting in eventual capture of only about 50% of the move (be happier with 70%-80%).
- Reports such as are now mainstream.
06 October 2010
Gold : Parabolic Rise
Labels:
COMMODITIES,
Core,
Gold
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