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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 378.35

+2.7%

4:00 PM EST

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To: Bonefish who wrote (27847)	5/28/2012 6:29:06 AM
From: TheSlowLane	3 Recommendations Read Replies (1) of 29622

The GDXJ chart I posted shows a 50% decline...but who's counting? ;^) "Indeed, market bottoms are usually characterized by a step-down, or ‘waterfall’ decline on heavy volume. In essence, the ‘flight’ emotion takes over and people tell their brokers and advisers to ‘get me out at any price.’ That pattern usually signals the end of an intermediate move. What serves to end the emotional panic, generally coincides with a negative effect on the person’s future financial condition." - Robert Fitzwilson kingworldnews.com

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