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Politics : Welcome to Slider's Dugout

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To: RonMerks who wrote (9266)	4/17/2008 12:23:26 PM
From: bullbud	of 50742

Good luck with that. To clear up what I mean by "dumb money," the smart money bought under 900 as the dumb money sold. I was a buyer and seeing green because of it. Still no reason to sell for me. Could be in June we'll see close to 800, but I've seen pretty good spikes in gold during the month of May before. I did buy a position in DZZ today as protection, but I think GLD needs to get near 91 to be worried. There is a gap to fill from yesterday. Question is will it bounce off of that? Meantime, the MACD buy signal on most of the miners is holding up for now. Any thing's possible, but I don't see a screaming SELL on all things gold.... YET.

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