Gold. Juggling hot potatoes…

• Post author:WHC Bassetti
• Post published:December 8, 2009
• Post category:Letters
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We closed our gold and silver longs put on yesterday, meaning we presently expect more down or bottom formation here and in the metals.  As we said it was aggressive…

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The Dow. Wave analysis…

• Post author:WHC Bassetti
• Post published:December 8, 2009
• Post category:Letters
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As illustrated here some interesting variations are taking place in the "surge -- drift -- flush" pattern which has been in effect since July.  In the present manifestation we count…

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Gold rush.

• Post author:WHC Bassetti
• Post published:December 7, 2009
• Post category:Letters
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A 30 minute chart of gold.  Today might be a reversal day, based on this chart and the daily chart.  But buying here is only for the most aggressive traders.…

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FXE. GLD. Broken rules, broken trades

• Post author:WHC Bassetti
• Post published:December 4, 2009
• Post category:Letters
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We are hedging our silver and gold trades with 2x ETFs, GLL (gold) and  ZSL (silver) and taking handsome profits in PGM, platinum. Yesterday we broke a rule to exit…

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FXE. Time to get off the short euro train.

• Post author:WHC Bassetti
• Post published:December 3, 2009
• Post category:Letters
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Never ones to beat a dead horse or kick a sleeping dog or throw stones at wasp nests (even in Boston) or store thrones in glass houses we're ready to…

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