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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 457.82+1.3%Jan 23 4:00 PM EST
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To: Little Joe who wrote (1176)1/22/2004 11:29:45 PM
From: Andrew  Read Replies (2) of 29622
 
Yup your gonna get gut wrenching corections this is true.

My argument is this is an entire sector that has a combined market capitalization less than half that of Microsoft and it moves up and down all together.

IMO though when I see stuff going up all day and then getting whacked at the end of the day on low volume it looks like momo players jumping out.

There just isn't the liquidity in some these when everyone wants out at the same time.

I wonder what sparked it, maybe it was the news of Tom Kalandra's resignation <GGG>
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