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Strategies & Market Trends : The coming US dollar crisis

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To: RockyBalboa who wrote (7959)5/30/2008 10:43:29 AM
From: LTK007  Read Replies (1) of 71475
 
Sold ALL 2.5k GLD shares at a loss of 1.2k, or -00.45%.
i did not like the bounce, and GLD Chart is UGLY.
Going on a TA signal to get out and re-enter when oversold.
The chart i posted yesterday is the total reason i sold.

A gamble of course(but i am going with the ODDS, odds favor more down i would say by 3-1), i see POG hitting 200sma which would be about 83.00 for GLD.
Max
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