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Politics : Welcome to Slider's Dugout

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To: jnavin who wrote ()12/8/2005 4:50:43 PM
From: konasurfs  Read Replies (2) of 50640
 
You sold da golds too early. Every intraday dip in the golds continue to be bought with fury by the big boys. The COT has finally lost its grip and now they are paying the price...long overdue and an absolute pleasure to watch :)

Gap up on the golds tomorrow. You can't get hurt selling at a profit as you did, but there is still plenty of fuel left on this rocket. Indicators aren't even in "severely overbought" territory yet. You can be sure they'll be up there before any correction.

Best part about this rally in golds is everyone and their mother are very cautious of it and keep going back to the recent days when the COTS were in control in their shorts. Now, there is an obvious disconnect and they are all scrambling to cover.

Whowuddathunkit? Well, I did :)

Happy Trading.
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