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Re: Gold Tags Last Friday's High and Low In 45 Minutes

By: Decomposed in ROUND | Recommend this post (0)
Fri, 09 Sep 11 11:17 PM | 28 view(s)
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Msg. 34861 of 45651
(This msg. is a reply to 34860 by clo)

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And, remember. It's September!

The market always tanks in September/October.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




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The above is a reply to the following message:
Re: Gold Tags Last Friday's High and Low In 45 Minutes
By: clo
in ROUND
Fri, 09 Sep 11 11:14 PM
Msg. 34860 of 45651

Decomp,

When the market dives like this, I think many need to sell their best in order to cover their worse.
Bet there's a lot of margin pressure involved.

Plus, its Friday, before the 911 anniversary with "threats" in the air.
Makes for a perfect storm, heck its the season for "storms"! clo


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