Zeev's Turnips Patch-No Politics (ZEEV)

[rossi]

Many of you may not like POG's action
by: Casual_Techwatcher 10/13/04 10:31 am
Msg: 444868 of 444944

When COT's numbers get high enough such that the funds are all loaded up,POG invariably falls apart, no matter how badly goldbugs try to convince themselves that this time would be different. The commcercials almost always win out.

Now that POG has taken an intial tumble, it is unlikely to zoom back up without first finding equilibrium. It takes time to recycle --- a few weeks perhaps. November is not a particularly friendly month for gold. However, December should be positive.

Best of luck to all goldbugs.

CT