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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (109726)3/24/2008 8:25:17 PM
From: SwampDogg  Read Replies (4) | Respond to of 313060
 
<<YES Gold has lost its luster for awhile>>

Hit the highest price in history a week ago
I will tough it out and stay with the bull:)
I am once again amazed at the flip flopping.
The money is made in adding on dips. Whether gold moves lower in the coming days or not it will hit yet a new ATH within the next couple of weeks
The flip flip sentiment in this bull is astonishing



To: Rocket Red who wrote (109726)3/24/2008 8:39:45 PM
From: rubbersoul  Read Replies (1) | Respond to of 313060
 
I wouldn't count gold out just yet. There should be a lot of support here at 900. Options expiry is Wednesday and the gold price has a tendency to be weak the days leading up to it. If gold can break out to +930s and other commodity stocks begin to wake up, we may get the typical seasonal rally in gold. I'm waiting to see how it plays out this week.

I see PBG and DBA had a good day. So did ER ;)