Wednesday, August 20, 2008

6:55AM PDST WEDNESDAY AUGUST 20, 2008

Lack of sleep finally caught up with me this morning. Believe me when I tell you I have been working 24/7 with little 2 hours naps here and there... Well, this morning, my body simply said stop...and sleep some more! There were no reports today, so nothing there to shake the market. Yesterday's run up would have to happen while I was away and couldn't take advantage of it! Ah, but's that how trading goes...Eventually, you begin to think the commodity gods are playing tricks on you. So far today, gold has held up well and only retraced 38% of yesterday's up move instead of taking it all back. more after I review the markets...