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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 395.44+0.6%Dec 12 4:00 PM EST
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To: patron_anejo_por_favor who wrote (9903)11/15/2007 6:53:01 PM
From: SwampDogg  Read Replies (3) of 29622
 
IMO the Fed knows very well that the financials have to wash out here and they will probably not cut until the meeting. Better to save some ammo.
A guess would be we get the usual Turkey rally on low volume next week and then we wash out into the last week of November. Golds look like they are putting in a low right here.
Until C hits the low $20s this is not over
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