Confusion Reigns
Looking at the posts here today …I come away with the impression there is NO Clear Consensus on what is going on in the PMs
Opinions run the gamut from Imminent Collapse to Imminent Blast off.
From…. to the moon to… we are going below 1000. And Everything In between .
Bulls and bears alike are getting whipsawed.
Nobody is comfortable in their positions. Nobody is happy
Welcome to the Twilight Zone…where sometimes the best position is NO Position…
The questions I always ask are:
Why does it have to be black or white? Markets are non-linear so why not approach it the same way?
Yes but the Twilight Zone is Black and White !
π
I don’t invest in the twilight zone! π
Me neither…that’s why I am flat
π
lol I am not flat in the metals complex, but would be flat in the twilight zone π
Oh, I am happy. As I am sitting mostly on the sidelines with plenty of dry powder waiting for the market to tip his hand. The fact that there is no consensus out there makes it even better as I don’t have to be with the crowd.
Oh great an anti social pilot
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Thanks for posting FGC. Beating myself for being flat… maybe I shouldn’t.
Smartest guy in the class
π
Bullish, comfortable and happy.
Thin zone is next.
I trade what I see, right Graddhy? I see up!
My bet is made (Spock rocks and some of my own). I’m comfortable with it, and am mentally prepared for what will happen if it goes wrong. I do fine tune mt bet, at least as much for entertainment as anything.
If only the rest of my life were so easy. This is my refuge for the time being, actually. I’ll be sorry if I have to bail out if it goes bad, and I’ll be sad when I bail out as it does very well.
The markets are contrarian. Look and wait for consensus and you will get hosed.
Instead, look for those who have discipline and consistently make good calls on repeatable technique.
Expecting to short in size on the next visit to the 50dma area by DUST & Co.