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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.87-0.1%4:00 PM EST
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To: oldirtybastard who wrote (28971)2/1/2008 10:45:55 AM
From: TobagoJack  Read Replies (1) of 218160
 
according to my pen pal who does not use capitalization, and i quote,

the question 'what happens with gold when the dollar bounces' is being answered today. there must be a lot of specs that have been using gold as an 'anti-dollar' bet. as i suspected, they sell first and ask questions later.

this initial reaction may be subject to a reassessment later, but as has been pointed out to me, gold has even made it to page one of the Wall Street Journal yesterday.
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