I am including a free clip from Schaeffer today seeing
bullish neg sentiment from gold options players and
advisors.
Question: Why is COT no longer on the table?
COT is all you heard here in Nov. Are the shorts
permanently burned?
Sitting long at break even on a basket of juniors.
Sector Technicals
Gold & Silver (XAU)
Bullish Sector trading above its...
20-day Moving Average: YES
50-day Moving Average: YES
100-day Moving Average: YES
Sentiment:Sentiment toward gold and related issues has remained somewhat
pessimistic despite the metal's run-up. XAU's current SOIR is near an
annual high, indicating that options investors are positioned against the
sector. Additional pessimism is available from an analyst community that
currently offers just 30 percent "buys."
Outlook:With the continued strength in gold, the pessimism toward the
sector will likely shift, offering more buying power for these stocks. The
lack of appreciation for gold and gold stocks should pay off for investors
in the near term.
Gold Sentiment
Started by
Rock
, Dec 19 2005 03:47 PM
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