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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 399.01+0.1%Dec 19 4:00 PM EST

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To: TH who wrote (17934)3/11/2009 10:13:39 PM
From: gold$10k  Read Replies (1) of 29622
 
Hi TH,

Technically a failed upside breakout is very bearish and it seems to me that failed breakouts have been much more common in the past year. Short-term the dollar could move inverse to the general markets (since buying the market would constitute selling the dollar and vice-versa) and a 2 month general market relief rally would make sense at this point, BWDIK.

vt
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