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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (18425)9/10/1998 11:30:00 PM
From: G.T.  Read Replies (1) | Respond to of 116764
 
No I am standing aside on this move. If you look at the weekly chart serious resistance at the $298 to $301 level. Weak support now at the
$288.75 level. Now is a good time to have some assets in gold but as far as trading options and futures wait for the trend to be verified. always better to give up the first 10% on a move until it is confirmed than to give up 50% to 100% of ones speculative capital ( Past experience) My Dow puts are making me money right now, If Clinton's time is over in office we will have the info tomorrow then the bull will be over. My view is that it has been over for longer than most people realize. All world markets are in bear markets and many in collapse. To believe it won't happen here is ludicrous.