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Re: gold and silver

By: capt_nemo in ROUND | Recommend this post (0)
Mon, 25 Jul 11 9:09 AM | 87 view(s)
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Msg. 34047 of 45644
(This msg. is a reply to 34041 by Decomposed)
Jump:

"The best TA person I know thinks markets will continue up for 3 more weeks - but that's it."

PAT TRAVERS BAND: BOOM BOOM(OUT GO THE LIGHTS) Live 2002

http://www.youtube.com/watch?v=Ab39zSPKLC8

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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The above is a reply to the following message:

Re: gold and silver
By: Decomposed in ROUND
Mon, 25 Jul 11 4:24 AM

Msg. 34041 of 45644

GDX is clearly overbought... Gold BADLY needs to test its 200 day MA. The best TA person I know thinks markets will continue up for 3 more weeks - but that's it.

I'm bearish short term on almost everythin.

BTW China looks to be VERY close to taking action on its own serious economic problems. I expect it to flip soon from huge net buyer to huge net SELLER of US Treasuries. I trust everyone here understands the disastrous consequences for us WHEN that occurs.

Sorry for any typos. I'm pecking these msgs out on my Blackberry and can't even read the font because it's so small...

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