XAO 0.20% 8,716.7 all ordinaries

Short Term Trading Weekend Lounge: 4-6 Jan, page-28

  1. 816 Posts.
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    Seeing lot of liquidity in global markets still seeking return not a place to lay down and take the fetal position. (dow 27 tril market up 3.3% onite),

    Not seeing lot of capitulation on my WL's. just a dogged depression

    This confirms in garages eyes short term trading in quality viable to take advantage of fear. (have no problem in holding quality onite)

    On entry I tend to immediately enter my sell at a modest gain and set and forget, takes greed out of the equation and profit solely a function of fear, juggling 2 balls in this market too hard, seems to be working.

    Will above liquidity's current demand for a return add further definition to gold's current trend?
    Are we running out of options to make a buck so let's just go over here and create a market because liquidity demands a return? (that would be nice )

    Hold some goldie's but must admit sold RSG Friday. Have moved into few quality models for hold not trade but only small increases on small holding balances ( eg CLV @ 1.30, SLC < 1.50) still high % cash.

    Lot of questions, no answers, other than sometimes conviction is not necessarily a good thing, garage has none atm about anything.

    Bit like Joni below.

    Hound says 'hi' from the south coast to the forum, the BH looks like she has found a new 'bream hole' down the coast a bit, she mentioned it looks like 'quality water' that should be attacked on the 'ebb' tomorrow, don't even know WTF that means but she's morphing into some mad version of a 'bream whisper' atm on her 'annuals' and lovin it.

 
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