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Strategies & Market Trends : John Pitera's Market Laboratory

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To: cmg who wrote (14007)4/13/2013 7:22:07 PM
From: John Pitera1 Recommendation  Read Replies (2) of 33421
 
what I find amazing is that I saw very little news coverage of this gold breakdown yesterday. That suggests to me is that the smart money is looking to get more short positions established and that there is quite a bit of money to be made. If everyone was talking about it, that would be the mass psychology that the downturn in gold was over..... not the case from what I can tell.

John
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