Gold and Silver Juniors, Mid-tiers and Producers Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LLCF who wrote (60494)	7/23/2008 5:38:33 PM
From: orkrious	Read Replies (2) of 78436

Well, I dunno if he actually has positions... but if so he's been long bonds & gold and short dollar for how long? and short financials... pretty damn good. speak of the devil, this just in in an email from Heinz in response to my bemoaning my battered PF: there are a handful of positives, e.g. put/call open interest ratios on the sector are very high, and the Rydex pm fund cash flow ratio is back at a 5 year low. also, there was capitulation volume in several stocks today. the chart picture is bleak, but a similarly bleak chart picture led to a big rally last year, so it's not necessarily meaningful. the true bull/bear demarcation for gold is the 850 level, i.e. the 1980 high. everything that happens while we remain above this level is actually noise - as painful as it can be at times.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next