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Author: Jeff Pierce

$USD Head/Shoulder Still in Play

Don’t let the recent strength of the US Dollar fool you as we are still in a major downtrend that could be about to take a turn for the worse. We are quickly approaching a critical point in this pattern. The $80 range is the...

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Happy Days For Gold?

Gold was in the spotlight on Friday in a big way nearly moving $39. Is this a hat tip to the big move that many goldbugs have been anticipating? Is all the money printing that the Federal Reserve finally catching up with the US...

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It’s a (Chop)-Festival

This week could best be described in one word, chopfest. I felt like I had a grasp of what was going on and I still finished the week down .38%. That’s the way bear markets wear you and your equity curve down. I could sense the...

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Trading in Your Zone

From the book “How to Expand Love” by Dalia Lama “As a technique to identify the basic nature of the mind, first stop remembering what happened in the past, then stop thinking about what might happen in the future: let the mind...

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Same Lesson as Before

It was a pleasant surprise to see the markets drop at the open considering I was net short, but by the end of the day the markets had given me a figurative headache. I opted not to enter new shorts as the morning slide was in...

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Miscellaneous Ramblings

No watchlists, charts, or predictions tonight as I’m feeling a little under the weather and slightly tired for some reason, so I’m just going to ramble for a few minutes before signing off. After the close yesterday when I was...

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