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Message: Re: retracement

Aug 07, 2008 05:24PM

Aug 07, 2008 05:45PM
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Aug 08, 2008 09:54AM

NL, again you are clever. I have been taking it out all the way down and now from the looks of things it would not surprise me to see us below 1.40 again. The way I look at it is, "something really needs to convince me before I start buying again". I want to see us stablize for a week without considerably dropping and market conditions to improve. Right now things are to emotional in a negative way. If I am wrong then so be it. I still have a healthy chunk that will make me happy either way. Cash is king right now. Look to see me buying in around 1.40 again unless something else convinces me to buy sooner. Mabye the 43-101 is the trigger which should be out end of Sept.

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Aug 11, 2008 09:45AM
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