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Gold/Mining/Energy : Games Trader -- Ignore unavailable to you. Want to Upgrade?


To: goldsnow who wrote (1174)9/14/1999 10:55:00 PM
From: John Paquet  Read Replies (1) | Respond to of 1239
 
Maybe, Deja Vu, history repeating itself, but not in gold sector yet.

There is no clear signal sent to the market indicating that gold is bottom out, or ABX bottom out.

Tomorrow CPI market reacted today a bit scary, int rates hike threat come back to traders' mind, Dow down 120 points. ESX down 6 points. GTR down 10 points bid at $4.55.

Watch GTR break that $4.40 then a big sell off kick in as stop loss will get hit big time.

Next GTR $3.90 next $3.50 maybe $2.00 by October 19,1999.

Watch out folks.

John Paquet