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IBDvalueinvestin (98.47)

Shorts going crazy on GOLD etf's



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?

1 Comments – Post Your Own

#1) On July 08, 2009 at 11:44 AM, IBDvalueinvestin (98.47) 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.

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