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Politics : Welcome to Slider's Dugout

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From: RonMerks12/13/2006 4:07:36 PM
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Breakout?

Slider I thought you might find this interesting.

James Sinclair's comments from tuesday:

'It is amazing to see the shorts in gold and some selected gold shares resorting to stealth and papering the internet in order to make cover that was in danger of being crucified on the formational break out of 10 trading days ago.'

I have to admit that I got caught up in the excitement of the moment as it looked like a major rally for gold & silver was breaking out. But, it ended quickly. It's 2 steps forward & 3 steps back, then 3 steps forward and 2 steps back for gold.

Silver is doing a little better.

I see Jack Chan has called for another breakout here.

Comments anyone, as to WHY what looked like a MAJOR move just fizzled here?

We've gone nowhere fast for 8 months now?

TIA,

Ron
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