RHODIUM TRADING THOUGHTS is about timely and profitable trading of precious metals. We do not believe every turn in the market can be called. Our goal is that our recommendations should be profitable. Profits are the goals, not trades. Do not expect all recommendations to be profitable. No system can achieve that lofty goal. Our goal is simply to state whether conditions for a metal are favorable or not. Buy signals are issued when appropriate. These signals are generally speaking for day they are issued. If price remains below signal price, buying can be done. Do Not Buy signals are given when market is overbought, and buying is unwise. Blue triangles indicate an overbought condition. These would not be good times to buy, so they are labeled Do Not Buy. Software is not showing complete legend, for some reason. (more)
Wednesday, November 17, 2010
Rhodium Trading Thoughts
RHODIUM TRADING THOUGHTS is about timely and profitable trading of precious metals. We do not believe every turn in the market can be called. Our goal is that our recommendations should be profitable. Profits are the goals, not trades. Do not expect all recommendations to be profitable. No system can achieve that lofty goal. Our goal is simply to state whether conditions for a metal are favorable or not. Buy signals are issued when appropriate. These signals are generally speaking for day they are issued. If price remains below signal price, buying can be done. Do Not Buy signals are given when market is overbought, and buying is unwise. Blue triangles indicate an overbought condition. These would not be good times to buy, so they are labeled Do Not Buy. Software is not showing complete legend, for some reason. (more)
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