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October 13, 2010

Twists and Turns

Just in case you haven't noticed, cycle analysis is a much better tool for spotting bottoms than tops. For this reason, among others, I have refused to trade around my precious metals positions despite the expectation for gold to seek a daily cycle low. Daily cycles make poor dance partners, and so I intend to hold my longs until the likelihood of seeing an intermediate top grows enough to ...

 

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