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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: E. Charters who wrote (47140)8/14/2007 7:54:03 PM
From: LLCF  Read Replies (1) | Respond to of 78421
 
Yes, gold seems to go down (along with miners) during the panic sell offs... this is certainly of concern to the highly leveraged player. It is the reason I 'trade' at all, selling rallies and buying dips, I'm concerned about the "lag" between S&P meltdown/crash and eventual POG rebound and explosion to the upside.

Unfortunately, all the highly leveraged "jamokes" around (ie. fast money hedge funds) are long metals and energy... the question as usual is how far will the puking take us. I've been nibbling, but not gulping yet.

DAK