Elephant Off Chest
My guess is that now that Q3 is in the books and all statements and such have been well painted as well as triggers well contained I expect Oct to see a resumption of Bull moves.
Can the POG end 2020 above $2K?
Can PoS end 2020 above $27? I sure hope yes on both counts.
Either way I am as always long and strong. No giving up my seat on the train or trying to jostle my way to the front car. Just happy where I am. The whipsaws and irrational moves make me scratch my head at those who try to be one step ahead of that. Seems like a lot of risk , very little reward and huge amounts of attention needed. This old fellow just has a comfy seat and a nice window view. Watching the new stations not seen before pass by and seeing that huge incline ahead, wondering just how long it will take the train to ascend it, and how often will it be forced to roll back a bit to regain strength.
FWIW the action since late 2019 has been absolutely 100% typical Bull market action. Especially the "entice you on and toss you off" action.