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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: koan who wrote (281664)10/7/2010 6:21:23 PM
From: patron_anejo_por_favorRead Replies (3) of 306849
 
>>Buying opportunity really<<

I think so. Added some GDX and SLW on the pullback. I'd like to think HUI 500 will provide support, but if not 480 will. Pullbacks in this sector are ALWAYS violent and scary, the better to shake out the non-believers. Luckily Eyeliner from Smart Money was crowing how he was long GLD poots (although he declined to say from what level). That's a "Strong Buy" reco in my book.....<NG>

Oh, and the dollar isn't anywhere near a decent support level here (and in fact the DXY hardly budged today...it was up against the Euro but down against the Yen).
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