GOLD and WIT crusing higher

Posted on Fr 29 Mai 2009 in misc • 1 min read

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    Greetings from Baker City, Oregon! I'm currently traveling between Idaho and Oregon for work but manage to keep an eye on my stock positions in the evenings, provided the hotel I'm staying at has Internet!

    My positions in WIT and GOLD are steaming higher, especially GOLD.  In the evenings I just check my trend models and update my stops as required.  So far things have worked out pretty nicely and I'm looking for another set of wins in WIT and GOLD when my models tell me to SELL.

    Trend following systems work great provided you have sound risk management and a good idea when to get OUT.  You can set it, go about your daily business, and then update the model and stops as required.