Tuesday, January 30, 2007

What is going on?

Dear Readers, what is happening is that markets are in suspension mode waiting important information to come out tomorrow. FED decisions Tomorrow, Employment numbers this Friday. So, there is no point for us to get overly excited and expand our "mental capital". Let us just sit and wait for the events to unfold. The real mark of a good trader is knowing when to do nothing... Good Trading.
NOTE: I apologize, the turn time for gold is 13:35ET not 14:35 as mistakenly posted below.

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