RE: Re Just Saying.17 Dec 2018 17:03
Well what t did today was predictable - except that gold is lower now and it's still up. Remember we've had bad news for the last year, oil is down, and the trading range for this over 10 years is 30 to 170ish, with a "hard deck" rising over the last 7 years to 80ish. So still at th elow end of the potential range, I am at weight at the moment so no top slice unless it does another 8-10%. Instead I will sell half when rising pattern breaks on an intra-day basis and the rest if it breaks the channel on a closing price. Given the manipulation in the markets, I won't be paying that much heed to news. The people who drive the price new what we will know tomorrow yesterday so there's no point trying to analyse it in any detail.