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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 383.12

+0.8%

Nov 26 4:00 PM EST

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From: ItsAllCyclical	9/20/2008 1:15:19 AM
	Read Replies (2) of 29622

Fairly classic breakout, but I'm still mindful that the true financial "terrorists" in this country may try one more gold smackdown. They had their chance today. Would have been a good day for it so maybe we're clear. Right now I think one more test of lower 800's or 840 area is possible, but don't think PMs will go down much or stay down for very long. Still not a market to be arrogant or play hero. I like having some cash here and more than the mutual fund levels.

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