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

To: SliderOnTheBlack who wrote (17857)	6/18/2009 10:45:44 AM
From: Charles Macdonald	1 Recommendation Respond to of 50227

I like GSS here. (Scale in) Getting support from the Feb (and Sept 08) highs in this area. Also, as mentioned - sitting on that 50% Fib retracement. The 61% retracement would take it to 1.71(ish). We also have some consolidation support at the 1.68-1.70 range. If we were to get another smackdown in gold, the uptrend line of 2009 (black line), would offer support / buy opp in the 1.60 range. IMO, if you believe in the long-term gold bull - GSS is a great stock to trade around a core and work your cost of ownership down or into the "free share" range. Not uncommon for it to move 3% - 8% in a day. Don't bet the farm with it, but a decent stock to trade and attempt to throw some free shares into deep storage - Or better yet, cash you profits via APMEX or Kitco bullion.