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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 422.21

+1.9%

4:00 PM EST

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To: TheBusDriver who wrote (7592)	8/13/2007 3:23:08 PM
From: jimsioi	Read Replies (1) of 29622

So far today is shaping up to have been a good selling opp. A little rally early; most things coming off as the final hour unfolds, ready for another plunge on any bad news... Here's a little 10 minute chart of the DIAMONDS (DIA / DOW 30 ETF) Peaked around noon, fairly typical, and has rolled on over since...about ready to break uptrend line...MACD negatively configured... stockcharts.com Market has the feel to me like it wants to further liquidate. Not enough new buyers motivated at these levels to stem the tide. Good news....at least my cash is worth more in Europe...

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