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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: spvies who wrote (21757)	7/18/2011 10:15:49 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 220818

Yes, in fact, I do have a VP for gold... it's 1599.50, which we hit today, so we can definitely expect to see some kind of sell off from here at least temporarily... the final date is Wednesday August 24th... this means that August gold (which will have already expired on that date) must close above that price on that date in order for the rally to continue, my hunch is that it will, but time will tell... since the August contract will expire before that date, I'll have to crunch the numbers again for a more deferred contract, which I've not done yet... GZ