Use access key #2 to skip to page content.

IBDvalueinvestin (99.68)

Shorts going crazy on GOLD etf's

Recs

3

July 08, 2009 – Comments (1) | RELATED TICKERS: GLD

once we notice that gold has fallen for 2 weeks straight and consider going short? Isn't that usually the time to do the opposite?

http://www.marketwatch.com/story/gold-hits-two-month-low-on-oil-dollar

1 Comments – Post Your Own

#1) On July 08, 2009 at 11:44 AM, IBDvalueinvestin (99.68) wrote:

Shorts loaded up in gold so heavy that in the last hour they caused a spike down drop to near $900/oz , thats gotta tell you they have gone overboard in shorting gold to the extreme in a 2 wk period.

http://www.kitco.com/charts/popup/au24hr3day.html

Report this comment

Featured Broker Partners


Advertisement