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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (25210)	12/4/2009 2:19:55 PM
From: Real Man	Read Replies (1) \| Respond to of 71405

This is not abnormal for the yellow metal to crash 10, 20%. It usually crashes until you cry "uncle", then takes off into stratosphere and leaves you behind. A disciplined approach is to sell some into such exuberant condition, keeping the core. Then buy it back gradually as it crashes, coz you never know when it's gonna stop. It does not need to get oversold. GDX had 2 gaps, one at 51, another at 47. It left a gap higher unclosed today. I'll buy some at 47, leaving some dry powder in case it decides to crash more.