Looks like we found a bottom. Gold is bouncing back nice. Euro up over 2 beeners too. I am adding a bit more and have been all morning. I never really got to press my bet though. I intend to if we loose 400 at some other point though. Otherwise, I have oodles now anyway.
The ECB members met all weekend and came up with a big fat goose egg in regaurds to the dollar -euro dilemma. Gee ,what a surprise.The euro promptly started trending up again.I think we may see a little more upside in the euro,gold,and gold shares.I believe all were in an oversold condition.Bought bgo last friday, 30% off its high,and gss this morning,35% off its high.Will continue to add as long as the euro keeps moving up.Capitalizing on those sweet opportunities I mentioned in an earlier post.I still think there are some descent bargains.I also think this sector may take a breather until the last week of March.However, if the dollar starts sliding again,we may find we were a little too conservative.