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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (13988)12/22/2008 9:17:04 AM
From: SliderOnTheBlack2 Recommendations  Read Replies (2) | Respond to of 50042
 
GSS now trading @ .70 vs. .53 Friday close... and gold stocks
are trading strong in the pre-market.

I don't buy the "re-balancing" theory as being solely responsible
for the massive volume dump on GSS. I think we saw a particular
fund forced to sell and raise funds.

I believe we still have a tradeable end of year/quarter/month
"tape painting" rally left in the gold stocks.

...if we get one -- take profits & sell into it.

Fund buying to mark up portfolios is artificial, unsustainable,
and temporary - so always take profits and sell into it...
just as you should always buy forced selling, as it is also
unsustainable and temporary.

S.O.T.B.