Friday, May 21, 2010

Mailbox

Price is often the domain of panic. Time, however, is always the domain of profit.

Thoughts:

1/ Financial salvation cannot be achieved by the faint of heart.
2/ Since not looking at the prices has been a successful strategy in
gold (over $1000 profit since we started) why do you continue to
torture yourself and your emotions by computer screen paralysis.
3/ Those of you that consider yourself scalpers and traders also have
to consider yourself smarter than quants, algorithms, flash trading
and goldman. That is one hell of a reach.
4/ If you are a confirmed speculator/gambler why not pick on Google
and leave the golds alone.
5/ What makes you think that you will be long on payday if you use TA
for meaningless and temporary tops.

Jims

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