Stocks started strong, but quickly sold off. Still a nervous market, with wild swings intraday.
GLD suprised me today by rallying to close higher. I expected continue selling. I am out of my DZZ position.
Bernanke speaks on Friday, and the market is hoping for some news on continued stimulus. The moves could be pretty wild.
Most charts […]
The market bounced nicely today. The indexes seems to have found some support for now.
Gold has been on a parabolic move, and today it was finally under pressure. Volume was big, and could lead to lower prices in gold and gold stocks.
I have had a couple of recent posts, anticipating golds fall. Don’t know if […]
The market had a positive start today, but buyers couldn’t maintain their enthusiasm, and the market faded.
Gold stocks like RGLD, AUQ and ANV all made nice moves. I noticed these charts but didn’t consider them. I wish I had. But taking long positions here is like swimming against the current. At best, it’s a lot […]
