Xmas Again

When you don't have a crystal ball and everything seems to be going to plan is it to good to be true?
That's the question I ask myself.
All stocks have been exited with the exception of LGL.
A combination of tighter stops and volatility saw me almost march most trades to the door.
I still hold LGL which has stood up well I thought some news on the sale of Ballarat might have come through and fired it up. Happy to hold.

Gold price might have reached some support at US$1075 after an illustrious run up through 2009 to an all time high of US$1226. It's looking like moving into a fifth wave in a major third wave up. I believe this should take us into the first three or so months of 2010 where I think the seasonal factors will once again come into play and where we may see a fall and some drifting in the price before the word inflation appears to grow after its dollar fertilisation. Then who knows where the price of gold may be.