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Re: None

Tuesday, 01/20/2009 11:26:35 AM

Tuesday, January 20, 2009 11:26:35 AM

Post# of 19037
Impressive gold strength in the face of Dollar strength, market weakness and oil weakness. Broke once above the trendline previously. If this is real we may test the low to mid 900's on this move. As I expect more potential market weakness I'm holding off doing anything. If markets get weaker I think gold/gold shares may start to fall again. Still have some gold coins and some mid cap producers if I'm wrong. Until BAC/C stablize there's really not much pt in going long much here. I probably will buy more gold coins if we start to threaten the high 800's again.

I take that back I did do a small purchase of some Euro's today. First entry just a ST swing trade.



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