Wednesday, February 9, 2011
Thursday, February 3, 2011
Well, it looks like gold broke. I'm not sure if this is technical or a response to the ridiculous activity in the commodity sector. Either way, I don't think this ends well. Small caps have led us higher and the momentum seems to be coming out... note the RSI divergence in the TWM.
Needless to say, I'm keeping these positions on an extremely short leash.