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Politics : Welcome to Slider's Dugout
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To: Nihontochicken who wrote (8914)3/31/2008 3:28:27 PM
From: patron_anejo_por_favor  Read Replies (2) of 50431
 
>>It is looking like the attempted bottom to the recent PM retracement has failed, repulsed at the fast BB mid-line, and more downhill BB slide to come<<

Could be, caution is certainly warranted but GLD did not hit lower BB, a bounce here would be Bollinger confirmation with no BB strike on the second attempt. This is how Bollinger himself uses the bands to suss out a potential bottom.....

SLV looks similar.

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