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

To: rubbersoul who wrote (131262)	9/19/2008 9:32:06 PM
From: UPTICK	Respond to of 313787

The house I trade trough has had not less than 8 bullish tech. indicators on GG since sept.the 12th (3 on the 12th and 5 on the 17th) RSI, CCI, MACD, Hammer, price above the 21 day MA., Momentum, William%R, triangle...allouette!! Of course it follows the price of gold...I bought calls at $34.00 and $36.00 on the expectation that it will be way higher but with the news that Fort Knox is going to empty its coffers...nobody knows which way gold is going... but I assume that people who buy tons of shares think GG is going to go higher whereas people that sell may sell for many reasons including to recoup losses in finance or real estate markets...You buy for one reason but you may have to sell for many reasons??? I follow that GG like a hawk these days ready to get out as fast as needed... Good luck!!