Tuesday, September 9, 2008

Oil & Gold

Oil closing in on $104 and POG following it down approaching $790 again. EXTREMELY strong support for oil @ $100-101 area and we'll see a LOT of buyers just before that level IMO.

3 comments:

Anonymous said...

Getting hit on my AZK :( anyone know why?

JoeGoog23 said...

It's been the whipping boy the past few weeks (not that all miners aren't). I'm sitting on lots as high as $5.09 :(

Nothing I read was too negative as to cause a 50% drop so quickly????

Anonymous said...

bad thing for me is that I bought it in my moms trading account so im hearing it daily that shes gonna lose it all ....I keep telling her give it some time...thanks for sharing that im not the only one getting hit down..