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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 413.19+1.1%4:00 PM EST

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To: carranza2 who wrote (30499)3/6/2008 6:44:03 PM
From: XBrit   of 219033
 
If it should take out 1270 in the next few days

If the employment numbers tomorrow morning are bad, we may see a washout to 1270 in one day. In which case, that may raise the panic level high enough for us to bounce for a week or 2. Nothing too huge, maybe a 3-4% bear market rally before new lows.

If tomorrow is not carnage, a slightly slower (and probably nastier) frog-boiling scenario seems likely to continue.

Long and strong here. (Long SDS, that is.)

My SDS is now outperforming my GLD over a 3.5-month period.
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