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Politics : Welcome to Slider's Dugout

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From: SliderOnTheBlack2/27/2009 3:02:19 PM
1 Recommendation  Read Replies (3) of 50303
 
Nibbling on KGC here...

Blue Light Special on aisle 9.

I'm thinking both ABX & KGC are seeing selling
from a non-specialty gold fund here.

Both being sold disproportionately to the gold indices.

MY SDS ( 2X S&P Short ETF) is doing well at +4%, but I wish
our morning rally in gold stocks would have held.

I have a feeling they're going to launch a massive short
push next week to create a washout capitulation in the DOW.

Once 7k breaks...

6675-6850 would be my "wag."

The market now realizes that the major banks really are
"dead man walking -- zombie banks"... and all Geithner has
done, is buy time to the April 2nd G-20 meeting in London.

Anyone else doing any buying in the gold/pm sector?

Buying physical?

Read a good book?

SOTB
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