Contrarian Trading Tips: Gold, the Dollar, Energy and Financials [View article]
"but I believe buying low and selling high is the objective"
that would be the first mistake. trying to outsmart the market is the mark of a novice or a fool--a well-capitalized and lucky fool, perhaps, but still.
Russia invading Georgia is def a big deal for oil and gold, you may get a bounce to get out of underwater long positions, but dollar strength is real.
Contrarian Trading Tips: Gold, the Dollar, Energy and Financials [View article]
that would be the first mistake. trying to outsmart the market is the mark of a novice or a fool--a well-capitalized and lucky fool, perhaps, but still.
Russia invading Georgia is def a big deal for oil and gold, you may get a bounce to get out of underwater long positions, but dollar strength is real.