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- Last Update: 23 October 2018, 8:10
Gold / Gold Stocks
During times of market volatility, we need to protect our money and assets, more than ever. Stop losses need to be put in place. As the price goes higher, then the stop loss gets moved up. 3% is a good stop loss, but when the charts turn against you, sell, sell, sell. Praying and hoping does not prevent neither gains nor losses. Practice putting that stop loss into play.
A good chart to short the market is the TVIX 3 min. Area chart. Also, CRF/CLM are at lows, but looking at the charts, may go down further. What a great steal if it goes down below $11 and with a monthly compounding dividend. Still holding onto my mutual fund because I have a profit, lol. Looks good on the longer term daily charts.
10% tax cut for the Middle Class is very much welcome. Bring it on...
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