GLD-I've been patiently waiting for this since we caught the bottom back in Nov. I'm bullish on gold long term and have been for some time but I'm also a trader and can't let my long term perspective get in the way of my short term trades. So with that I'm still under the impression that gold has yet to put in a long term bottom. I'm looking for GLD to top in the $121-$123 area followed by one final decline down to $105-$95. I understand it may be hard for some of you to get behind a call that basically has the bottom falling out from under the current support but IMO Mr. Market is going to bring the PAIN before he lets the longs off the hook.
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