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Wednesday, November 30, 2011
Tuesday, November 1, 2011
Score one for our COT Tracker: Option Wizard® Trading Method Gold
In our last post, we said:
Short term? OPTION WIZARD TRADING METHOD GOLD is signaling that a short term bottom might be in via a precipitous drop to below 200,000 contracts in commercial net short positions as follows. See below)
Gold was $1624 when we wrote those words. The situation didn't feel bullish, it felt more like everything was going to fall off a cliff, Europe, metals, stocks, bonds.
Le Grande Implosion seemed to be at hand.
Nevertheless, the hard, cold numbers of Option Wizard® Trading Method Gold won the day. Here we were, not even 30 days later, as of Friday, Oct. 28 close: $1,743.40, when these words were written (the market has since backed off).
Plus 7.2%, one month (or so) gain.
Maybe Ms. Gisele Bündchen has changed her payment preferences since her last and famous pronouncement?
Krugerrands.....Maple Leafs anyone....? Gisele, please write, tell me what you're thinking....
Short term? OPTION WIZARD TRADING METHOD GOLD is signaling that a short term bottom might be in via a precipitous drop to below 200,000 contracts in commercial net short positions as follows. See below)
Gold was $1624 when we wrote those words. The situation didn't feel bullish, it felt more like everything was going to fall off a cliff, Europe, metals, stocks, bonds.
Le Grande Implosion seemed to be at hand.
Nevertheless, the hard, cold numbers of Option Wizard® Trading Method Gold won the day. Here we were, not even 30 days later, as of Friday, Oct. 28 close: $1,743.40, when these words were written (the market has since backed off).
Plus 7.2%, one month (or so) gain.
Maybe Ms. Gisele Bündchen has changed her payment preferences since her last and famous pronouncement?
Krugerrands.....Maple Leafs anyone....? Gisele, please write, tell me what you're thinking....
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