True Confessions -- Admit it -- you bought <i>that</i> stock 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.

Pastimes : True Confessions -- Admit it -- you bought that stock

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: yard_man who wrote (963)	12/7/2009 7:50:44 AM
From: Real Man	of 990

Gold was known to crash 10-20% during most extraordinary intermediate term moves. So far it's just 6%, an the weekly chart is still overbought. Yes, I am looking to add into the crash, but I don't know if I'll do it today. I did it on Friday. Technically we could see prices below 1,100, and the metal could easily re-test the breakout over 1K and still be intermediate term bullish. 1,070 is one of the numbers I have. There is, however, a problem with dipping and downside targets in bull markets - they might never be reached, which is why my strategy is just to fade the gold crash.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next