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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 (32459)11/23/2011 10:26:17 AM
From: No Mo Mo  Respond to of 48092
 
I just threw up in my mouth.

<g> ... but only kind of. That was not fun.



To: gold$10k who wrote (32459)11/23/2011 11:27:43 AM
From: ItsAllCyclical  Read Replies (1) | Respond to of 48092
 
Shame the retest is happening today. Hard to get a sense of things given the low volume. I tend to agree some sort of bounce soon, but equally possible SPX just continues to liquidate taking everything with it. Can't remember the last time we had a stretch of days like this during Thanksgiving week. Wonder what this will do to shopping? I'm more interested in buying guns or farmland than toys for myself or my kids.



To: gold$10k who wrote (32459)11/28/2011 1:48:00 PM
From: littlebitmoore2  Read Replies (2) | Respond to of 48092
 
Gold$10K:

In the post that I am responding too, it seems you were right on the money! You wrote:

"Both GLD and GDX have filled their Monday gaps. My thought has been that gold would re-visit $1680, GDX would re-test Monday's lows, and SPX would reach its ~1160 target. Looking good so far. If that plays out then we might have a decent bear market rally, BWDIK."

What levels in the SPX, GDX, and GLD do you see being reaching in what you describe as a "decent bear market rally"?

tia,
lbm