[imawit]

Short and Sweet Scott. But what happened is not news. Where's the insider or samesider stuff.

Bullion went back to Friday's close and is now taking off again. Guess they wanted to back up and give their buddies a chance to jump on who were not quick enough on Tuesday. Or, they have set up to ring every penny they can get by keeping the trading in a band. Buy at $410, sell above $416, come back again and do it again tomorrow.

Guess buy and hold is not the chant at the moment.

[Orangedog]

ECB putting on a brave front about not lowering rates. Things are slowing down world-wide...they'll almost have to lower this year.

[expat_panama]

Guess buy and hold is not the chant at the moment.

Buy and hold is better than what a lot of people do-- buy after everyone else is in, sell at the crash, and blame the losses on nefarious 'insiders'.  In fact, over the past century B&H did better than cash for any 10-year span. 

OTOH there's are a lot of other strategies that can do better.   Personally, I've been happy with sort of a 'modified CANSLIM'-- screening, timing, --it's done a lot better over say, any 3 month span than the indexes.