Saturday, June 21, 2008

P@F Gold Bullish

Broad markets remain very bearish. I look for gold to test 1000 before the end of this year. Will we see $200 oil?
Are you confused about market direction? Follow "Mer" as a leading indicator.
Please review my May 22 post. Nothing beats P&F charting combined with Investor Business Daily Big Picture for finding Broad Market Direction.





Today I play in 4 ball tournament at Hardscrabble. Last night a surprise Limo showed up at my front doorstep to pick me up and my very good friend "The Whale" Bill Christ to take us to the Calcutta. I am Bill's not so silent partner-banker in these events. My wife knew the Limo was coming and did her bit of female chicanery to have me ready early for the Limo's arrival.
I have been reading "Fearless Golf" by Dr. Gio Valiante. This is a GolfDigest book. I think a lot of this applies to the financial markets and trading. Good luck with your trading and God Bless.

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