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Carl discusses current market trends and picking winners By: Carl Anderson
Hey gang, Over the past months we have talked about the bullishness of gold and it has made a major run. The run has been such that I pulled all my gold positions yesterday and am debating puts. Below is the chart on with my reasoning. A pullback into the 80-82 dollar would be reasonable. Don’t get me wrong, I am still a long term bull on gold, but figure I can get back in after the pullback. Happy Trades, Jeff
Hey Gang, With today being the New Year in China, I am posting some China stocks that I follow closely. The Chinese market is very volatile and not for the feint of heart, but with some well calculated decisions, money can be made very quickly. Keep an eye on the support levels…I used the Vol by Price indicator to put the volume on the y-axis. This allows you to see where most of the price action is for potential levels of support and resistance. Happy Trades, Jeff