AI
Thursday, April 23, 2009 11:14:21 AM
3X: GLD Broke through 88.88! It went up through the 1x1 Gann line and then through the triangle. This might reflect an acute feeling of incertitude about the treasuries, the bonds and the equities - what else ?!… LOL. This sentiment could precede a significant downturn. Keeping long GLD with a tight trailing stop is not a bad idea.
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