"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

Tuesday, March 6, 2012

Base metals short fund (BOM) released +9%

Being of non optimal psychological makeup to be a die hard bear, I have learned through Pavlovian response to take profits when I get them from the bear side.  So the base metals bear is in the books and now only those against the S&P and NDX remain.  On the lookout for others on rebounds, however.

Also, dear subscribers... I ended up going back and pressing that button, if you know what I mean.  Probably a bit early, but since it's one of Otto's top 2 and a favorite of mine for years, I didn't want to get too cute in buying.  Planning to use this time period to slowly buy and upgrade positions. 

http://www.biiwii.blogspot.com
http://www.biiwii.com

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