leh

Gold Trade Proves Spectacular to the Upside

Yes, nice call BUT it would be very helpful (and honest) to document how many false starts/head fakes you've bet on in the gold miners over the past several months and how much this has cost you to date. Technically the sector has just broken out from its correction from March/April timeframe, and strict trend followers are now looking for entry points on pullbacks. As someone who has been painfully headfaked by this sector multiple times in the past couple months, I'm learning the old lesson of price confirmation (vs guessing) before jumping aboard this time. Nice to catch the bottom, for sure, but honesty demands we ask how many missed swings you've taken to date before hitting this homerun.