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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (92516)3/19/2008 10:19:02 PM
From: Robin Plunder  Read Replies (1) | Respond to of 110194
 
Could be, really complex and wild markets, how do you hold on to what you know to be true?

I notice the major gold stocks got hit hard today, with Hui down 23 or so...and yet some of the juniors hardly hit at all, TRE down .07, GBN down .04, AQI.to down .2...I wonder if they are taking profits in the the majors and covering shorts in their juniors? Normally if gold got hit hard these juniors would be crushed.

Foreigners left the bond market last week, covering only 6% of offerings, and probably lots more financial companies in trouble, with more bailouts on the way, both in US and in other nations.

Seems like Gold will have lots of pressure to go up...if you can hang on thru the chaos....

Robin



To: Giordano Bruno who wrote (92516)3/19/2008 10:58:16 PM
From: lifeisgood  Read Replies (2) | Respond to of 110194
 
it might move up to kiss the 50 day moving average about 2.5% higher from here.

quotes.ino.com

Gold could fall to 850.00 or so should that happen