Club Mulgoa

Monday, March 12, 2012

Philosophy of "Uncertainty"

http://minesite.com/news/relax-this-uncertainty-is-normal

This agrees with me. Whenever the DJI climbs for a few days, "experts" come out to tell you that the market has turned. And the opposite can occur too when the bears come out and warn you that they were right all along.

I base my judgment of POO and POG, and then use the AUD exchange rate to determine the medium range. This AM, POO and POG are down but so is the AUD. So it is near status quo.

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