GOLDBUGS AMEX Goldbugs Index (GOLD): USD Pennant is ready to break strong one...

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Re: 4Godnwv post# 5666

Wednesday, 04/09/2008 9:56:38 PM

Wednesday, April 09, 2008 9:56:38 PM

USD Pennant is ready to break strong one way or the other. Right now, it looks like that direction is SOUTH and if so, looking for an awesome day for Gold and Silver through remainder of the month. April 2006 was one of the best months ever for silver... let's see if we get a repeat.

Jan 4 - We have transitioned into a bear market. Completely different rules apply.
May 23 - IMO, any price at/above this close makes a great Nasdaq/SP500 short.

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