Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?

To: microhoogle! who wrote (3188)	8/1/2008 9:47:08 AM
From: Rarebird	Read Replies (1) \| Respond to of 26251

1) Gold looks technically suspect. 2) The Dollar Index has already bottomed out or is in the process of bottoming. 3) Short term we may be moving to a deflationary bear. 4) China/India slowing down.

To: microhoogle! who wrote (3188)	8/1/2008 6:56:15 PM
From: Rarebird	Respond to of 26251

5. The stocks almost always lead the metal and if you take a look at the charts of GDX and $HUI, they are currently trading in an area, which has previously represented support. But quadruple bottoms are very rare. Some traders call them the bottom of a trading range. Watch out for a free fall if support does not kick in again. Insiders appear to be intent on selling out here. 6. The early to mid part of August has had a tendency to produce some crushing declines in the Gold Market before the seasonally strong period of September. 139.142.147.19 Disclosure: I'm short Gold via DZZ.