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Re: CDLGold post# 8149

Tuesday, 10/23/2012 3:50:23 PM

Tuesday, October 23, 2012 3:50:23 PM

Post# of 12573
IMO this market will only react to something exceptional, something outside the expected. IOW if the next resource comes in low, below the 1.5 you will see pps erosion, and if it comes in high, significantly above 1.5 you will see a short-term pps gain that is dampered by sellers looking for the door. Remember also by then we will be heading into tax-loss season.
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