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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ecrire who wrote (24882)6/24/2011 2:35:47 PM
From: GST2 Recommendations  Respond to of 29622
 
Thank goodness for powerful pressures forcing prices down to great bargain levels -- sell the bargain, buy the top? No thanks. The oil release is wallpaper with a happy face stretched across the rim of a cliff. Step right this way says the happy face -- after you my dear friend. Bullish for oil, bullish for gold.



To: ecrire who wrote (24882)6/24/2011 2:38:50 PM
From: benwood  Read Replies (1) | Respond to of 29622
 
I've been trading with that trend for a couple weeks via DUG. The SPDR was a rare gov't intervention that worked my way, for a day at least. I decided this oil down trend would play out this year because of the US rolling back into recession and because I expect the dollar to have some legs for a while. Feeble, Daddy-Long-Legs spider legs, but legs nevertheless.