DTN - ENTRY16 Feb 2019 15:05
Havent given it thought as yet....glen, as you know is a twisted wummin, can change at the flick of a switch...or for no apparent reason....I normally play flying by the seat of the pants scenario, and simply use the charting to spot entry/exit signals. I'll pause here and have a look at how she has been playing over the 200 day scenario......last time she played well you were looking at 330's as an area of support/resistance....she dropped Dec to 268....I remember it well..got them at 268.8 and since then the overall signs are steady rise. We are now seeing a resurgence in the value of metals and oils...how they will move is anyones guess....but as long as those commodoties are moving north, glen and miners will benefit. There seems to be a shift in how Brexit is being viewed and 29 March is payday. Irrespective of how the rest of the country fares, those who make the rules will do their damndest to protect Londons status as a financial centre....money must be made, and London is the only constant where that is concerned.
Bottom line re entry price is market is dictating the higher prices we see now....either play at those prices 300 -310 entry or play something else until glen experiences a reversal in fortunes which happens to all. Personally I dont want to be paying any more than 300...305 with my arm twisted up my back....if I dont get that range...or better...I'll sit it out and play elsewhere....Fres , SLA, MKS, all could be quick plays ( maybe not so much a quickie in MKS)...even CEY has caught sons eye and he is nipping my ears about it.
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