"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Monday, January 31, 2011

Admin Notes

General Admin:  Biiwii.com will be down for a day or two (hopefully no longer) as it migrates to a new host server.

Market Admin:  It was noted in NFTRH121 that I "smell a rat" with last week's downside owing to the strife in Egypt.  That downside allowed me to get back to positive on some bear positions and minimize downside on others.  I am not going to risk the possibility that over bullish sentiment was reset enough to give the bulls another push higher. 

I will now be actively bearish nothing, but ready to be so if given the chance going forward.  Otherwise, the plan is to manage risk with significant cash levels.