As always, we look to 2019 with optimism and hopes for success for all. Despite the low prices, I think as Tango highlighted in his earlier post, there are thoughts that the risk reward may be to the upside. I think there are many outside forces that should be monitored and as always, the market dynamics are fluid. We will start the year at the lowest prices in many years. The funds seem to have renewed their selling programs, though to a lesser degree than we saw earlier in the year. How much of this is a result of the calendar?? Will the selling accelerate in the new year ??? Or perhaps, will the market again recover back through $1.00 and force the funds to cover ?? More questions than answers but all things to consider as begin a fresh year of trading.
Happy New Year to all.