Club Mulgoa

Tuesday, February 21, 2012

POG and AUD

The US market is still running and the DJI is up. POG is up. AUD has gone below USD$1.07. The only negativity is SPI is currently down 13 points.

However, these factors spell alpha for me. Gold stocks will do well today. And I am saturated with gold stocks. The saturation was not from what I invested but secondary to the rise and rise of some gold stocks.

Sometimes, market sentiment will over-ride everything :-(

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