Gold Bull's are cracking me up---the SELL-OFF began today...see ya at 999

Discussion in 'Chit Chat' started by increasenow, Jun 28, 2010.

  1. Gold Bull's are cracking me up---the SELL-OFF began today...see ya at 999...

    come on...you saw the furious down move...it is going lower
     
  2. Are you aware why the down move occurred today? Do you know what happened?

    Actually, do you know anything at all?
     
  3. Same stunt was pulled last Monday at 1260.
     
  4. hedgies think gold is an inflation asset and bought it. Where's the inflation?
     
  5. sumfuka

    sumfuka

    So buy the gll call options then.
     
  6. They bought it also as a deflation "asset"...
     
  7. Agreed. Soon it will have arms and legs, and maybe some hand to hand combat skills...
     
  8. Must be breaking down. I usually get trading firms calling me trying to get me to buy spot gold right before it breaks down. Got a call Friday.
     
  9. Since there are still gold bears, i'll remain bullish.

    Weekly chart remains ok, if we break over night and sell into NY open then look out below!
     
    #10     Jun 28, 2010