May 22, 2006

Patience and Panic

In a quick update to my recent post on Patience, it seems like I should have been following Asian headlines this weekend.

Bill Cara reports that they were all over and that emails from panicked Asian traders have been streaming in

I was only focused on US headlines and it is my mistake since I have also posted that Asia is now wagging our tail and you need to watch how the Asian markets close and Australian trading in gold stocks.

Patience for sure as panic creeps in. We will see it here before any real turn materializes.

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