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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (362262)12/11/2007 4:22:29 PM
From: bentway  Read Replies (1) | Respond to of 1595057
 
My GLD went up yesterday and the day before and this morning, but went down after the Fed cut. Usually, the dollar goes down after a Fed cut and gold goes up. This time, the dollar went UP and gold went down. Why - I don't know.

I'm still up from where I got into GLD, and where I was Monday morning and I've got a trailing stop on it, so, I'm not worried. If it goes down more, I'll get booted into cash.

The markets seem to be saying that 1/4 point (and more?) had already been priced in and were disappointed.

It's really hard to figure what's going on with all the manipulation attempts by the various parties.