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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: gold$10k who wrote (31374)	9/15/2011 4:33:01 PM
From: ItsAllCyclical	Respond to of 48092

Hadn't looked at that chart, thanks. I'm not betting on a massive decline just opportunities to reduce the hedge into any decline. Was thinking upward pressure should abate post options expiration and much of any QE3 from Sept meeting is priced in imho. But EEM is still near the bottom of it's range so that chart, the chart you presented may cause me to rethink things. More than likely I would ride my existing position higher unless something fundamental changes and add more at 1230, 1260 SPX and wait. $VIX still tracing out a bull flag imho and we have more rough waters ahead. TY for the chart.