4 replies to this topic

[Woody]

Could portend a multimonth correction to a target posted earlier at $750, still need to close below $95 tomorrow. At $95.17 now.

http://stockcharts.c...0309&r=3344.png

Edited by Woody, 19 March 2008 - 09:44 AM.

[senorBS]

Could portend a multimonth correction to a target posted earlier at $750, still need to close below $95 tomorrow. At $95.17 now.

http://stockcharts.c...0309&r=3344.png

Senor sees it the same except 850 is my south of the border target, with 750 the lower probability worst case. But we have to see if muy importante support does or does not hold.

BSing away

Senor

[swanstkdh]

Man this is tough. It is really f ing with everybody. The battle continues on and on.

[Rogerdodger]

I've thought that GLD's acquisition of physical gold might actually be helping drive up the pricet just as people who didn't need 2 houses bought 'em because they were going up. What will happen if GLD begins selling as the price drops? Time will tell.

[senorBS]

I've thought that GLD's acquisition of physical gold might actually be helping drive up the pricet just as people who didn't need 2 houses bought 'em because they were going up.

What will happen if GLD begins selling as the price drops?

Time will tell.

"What will happen"? In Senor's opinion huge volatility and exaggerated moves - like today.

PURE BS

Senor