InvestorsHub Logo
Followers 1
Posts 668
Boards Moderated 0
Alias Born 06/15/2007

Re: None

Wednesday, 12/19/2007 8:20:34 AM

Wednesday, December 19, 2007 8:20:34 AM

Post# of 3973
Look at a 6-month chart on GLD, notice the Pennant forming for the last six weeks. Normally a Pennant is a time of consolidation before the next move. That's what I've been watching for the last couple of weeks. I probably should of taken the $2.95, but I would like a confirmation of a resumption in the bullish run.