SPDR S&P 500 (SPY): Hi Cony: Yes, we help and like each othe...

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Re: By Techguess post# 43331

Thursday, 03/06/2008 9:37:26 AM

Thursday, March 06, 2008 9:37:26 AM

Hi Cony: Yes, we help and like each other here, as you probably noticed. But we don’t like gold. Last night I was talking to an expert friend about GDX. She pointed out that there is a rising wedge, in which you can count (1) to (5). Inside, it there is a smaller one, in which we have 1 to 5. They were just formed , and this is very bearish. So, I asked: “ I have few gold Kruegerlands. Should I sell them now?“ Her answer: “Are you crazy?“ So, you see… You might be in business, but you never know what gold does overnight

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