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To: ItsAllCyclical who wrote (14518)8/11/2008 1:03:10 PM
From: jimsioi  Read Replies (1) | Respond to of 29622
 
GOLD will have spiked down to its 60 week moving average..

stockcharts.com

breaking this will be a first in a long time. I look for $800 to hold...

We've had an eight dollar rally off the lows set by GLD...USO or oil finishes down less than a dollar today and I feel like that's a victory...USD Index pushing a half percent gain..



To: ItsAllCyclical who wrote (14518)8/11/2008 1:10:08 PM
From: NOW  Read Replies (1) | Respond to of 29622
 
too much denial for even a bounce? this appears to be the meat of the move south. a 3 as it were.



To: ItsAllCyclical who wrote (14518)8/11/2008 1:30:51 PM
From: Amelia Carhartt  Respond to of 29622
 
"I still see way too much denial for anything other than a good tradeable rally." You're breaking my heart! But, I totally agree.