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Strategies & Market Trends : The Swamp -- Ignore unavailable to you. Want to Upgrade?


To: Zincman who wrote (225)7/29/2008 6:40:15 PM
From: SwampDogg  Read Replies (1) | Respond to of 491
 
Important juncture here no doubt. Gold held important support in the $914 area. GDP and jobs in the next few days will be the excuse to head one way or the other. The buck is in a consolidation that will break lower. Just a matter of how much juice this last leg has in it. If we test that 40 WMA we may see gold break below $900 for a day or two but if the jobs or GDP is weak watch out.
Cramer and Gartman drinking the Feds Kool-AID. This is not going to end well.