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Re: DiscoverGold post# 37548

Wednesday, 04/29/2009 1:06:49 PM

Wednesday, April 29, 2009 1:06:49 PM

Post# of 76351
George

The problem we have with this type of market and where we are in history. To many "savy' traders / investors are privy to what is suppose to be happening . The net effect can be very disturbing . Although I am extermely bearish at this moment , the way I am seeing this market currently and how its acting I would have to say there is a greater chance of a " moon shot " to 960-970 rather than this big pullback we are all waiting for . Those of us that trade know very well what the catalyst would be for that sky rocket move . I look over the complete landscape and see too many reasons now for a swing down.I also think there is a good chance that some of that dum money could come flowing in sooner rather than later, especially if we start to explode upwards.
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