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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: TobagoJack who wrote (80991)10/7/2011 9:01:43 PM
From: 2MAR$1 Recommendation  Read Replies (1) of 217577
 
So far many days running short GLD high in the premarket has worked from the $161 & today $162 area as POG has marked its top at 1666 area consolidating in this lower $100 range . To the one who sees the right direction this resolves (up?) comes the gold . Three good trades moderately heavy this week shorting that top always hit in the premarket , working each time and never happier than to take a trade that works 100% of the time till things change.

How this obvious basing forges itself & resolves to go in days to come (has been closing higher) ,
to him or her goes the gold !! ;o)

This am high @ $162 and again gave back , not too proud to take the short as long as the top R remains at $161/$162 area and it keeps working (!)...there's obviously sufficient fear out there POG keeps bumping up to $1'666 each time and selling down ,must be a sign <bg



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