Wednesday, July 30, 2008

POG

Looks like it's headed to $888!!!!!

2 comments:

  1. I think (and hope) your friday selloff scenario will play out

    The $ is due for a fall
    Housing is gonna fall
    Financials should fall as well
    Fed meeting tuesday (hold or raise but no fall - I'm 50/50 hold or raise)
    Grains are stopping their freefall

    What we need is a buttom in oil - period!!!

    Still underwater with the miners
    and only one EFT - SRS bought last night at 89,5

    ReplyDelete
  2. I'm 100% on hold for rates Fish. This oil pullback might actually get them into more of a Hawkish statement which could help us (gold). Miners are getting VERY oversold and GDX touching EXTREMELY STRONG support.

    ReplyDelete