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Strategies & Market Trends : Ride the Tiger with CD
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To: E. Charters who wrote (111480)4/14/2008 5:55:53 PM
From: SwampDogg  Read Replies (2) of 313001
 
Gold is flirting with ST support on these selloffs. Any move down like we had this morning makes a move to $800-$850 a possibility. The fact that it is holding this level is important and makes that move down less likely.
CNBC Fast Money traders all hate gold to a tee (and they call themselves traders:)
Looks to me that this slosh is setting up the biggest move in gold yet. Should begin within a week. All miners looking good to go very soon.
IMO it will all be led by oil and politics. Countdown to blast off...
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