For subscribers who follow the Discretionary trades for the ASX or US markets, please take note of, and read the document posted at the beginning of the Discretionary Recommendations section. This details important changes to the way in which we will manage discretionary trades from today on, until the prevailing market conditions change and there is more follow through from breakouts. If you wish to trade, do so with caution. Sometimes the best course of action is to take no action. There is nothing wrong with sitting on the sidelines during times such as these. Any pending trades have had levels adjusted to reflect these changes whilst any open trades will be managed accordingly. An afternoon rally improved the end result on our market today. The XJO closed down 24.1 points after being down more than 49 points at one point. Gold hit new highs overnight which sent our Gold sector up 2.1%.

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