SI
SI
discoversearch

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.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (158377)10/19/2008 12:56:32 PM
From: THRead Replies (1) | Respond to of 306849
 
te,

Maybe. I think 725-735 will stick like glue. Took at long time to break through it and there is big resistance there.

There are potential events this week, but notice that no one has blown up this weekend? Even the rumor mill about who is next has gone a bit quiet.

I think we have the rough ride, but close the week up for both general equities and miners. Once people think miners have bottomed, I think the snapback will be pretty decent.

I'll get bearish on gold when I see slashing of the bid for physical. I see just the opposite right now, so I'm still leaning towards this correction being paper driven as those over-levered scramble for cash.

GT
TH