Making The Most Of Today

Markets looking in better shape already dipped feet in and have exited again. Just can not figure the direction of the market right now so decided to bale out and will spend a month in Thailand away from everything again.
Todays plan is to leave the charts alone go pack the bag, have a leisurely lunch, then go watch Wales beat Ireland in the Rugby World Cup and enjoy a few bottles of mercury cider my last for around a month.
Think I will have an early night as need to be at the airport fairly early tomorrow, then its 2 nights in Bangkok and a month in beautiful Issan with my beautiful girl.
Hopefully the water stays out of Bangkok when I am there really did want to go to a flooded country however the trip was booked and planned.
Prediction for the reminder of 2011:
ASX to reach 4500 by year end
Gold US$1850 by Xmas
 

Clobbered and I saw the Possibility

GFC2, debt crisis, recession whatever you want to call it arrived last week and king hit me, all stocks exited apart from KSO and ADU didnt even know it happened really. I was caught with my pants down I was caught on a contract job and failed to listen to any media or access the internet. Three stocks hit stops, KSO and ADU still holding up I have decided to hold as I see some money possibly coming back into some gold stocks.
How low how long this bear market will continue is anybody's guess worrying times ahead.  Now I have some cash its a matter of picking a reentry point, this however could be months away even longer. Gold has gone through the roof and $US2000 is not unreasonable now if we see a QE3 arrive. QE did not work before however it looks like we will get more so the object now is, make some money when the market picks up, Cash will be king again at least for us Australians.

In And Fingers Crossed

I lost my motivation to trade with traveling and the odd job here and there. Back in Sydney for a while after two months in Thailand again and a month in WA.
The bank account needs to regenerate so have dipped my toes in the water (market).
Think I have managed to buy low and will trade out on any significant drop in the gold price which looks like making US$1650. Holding ADU, ROL, KSO, OGC, IAU and showing some healthy gains already with the exception of KSO.
What amazes me is that gold shares seem to be lagging the gold price my hope is that the cousins overseas manage to put their house in order which should see the US markets react positively and continue their bull runs.
Gold should hold support going forward at US$1600 and traditionally gold shares do follow the market up even if the gold price stalls a bit.
Giving myself 4 to 5 weeks to make myself some money and then its back to Thailand.
I just cant escape the rain it followed me all the way from Thailand to Perth and now to Sydney.

Back and Trading

Disappeared overseas to Thailand for a month and then have almost spent six weeks in the NT managed to see Katherine Gorge, Litchfield National Park, Edith Falls etc survived Cyclone Carlos and then have had a week in Perth.
Still holding MDL and TGZ and have made purchases in ADU, ROL and OGC.
Gold is looking very strong this morning at US$1433 and gold shares are holding well despite the overall market
being down. Expecting gold to make US$1500 in this run fueled by crude and the everlasting threat of inflation.
Not a great day to watching the market its at a point where it could go in either direction, if the uptrend is over and the direction is down I am expecting gold stocks to defy the market direction and make gains this month.