Re: Anything that could be shorted today was.

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MajorD

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Re: Anything that could be shorted today was.

in response to

Anything that could be shorted today was.

reg mills

posted on Jul 02, 2008 01:05PM

You are so right Reg. Look at the Hui today, down 15 points while Gold is looking to break the 950 barrier. Both the $US and the DOW were at the bottom of their downtrend channel, they both went down substantially today. The dollar hasn't quite broken below 72 but the DOW with it's 166 point drop broke it's 11,350 resistance.

Now it seems like the Euro's rate will be increased tomorrow despite the US's begging not to. Looks again like Jim Sinclair got it bang on again when he posted yesterday that "it's happening, and it's happening now".

Another NR today. Looks like they're narrowing in on the source. If and when they do, your 1 to 1.5 billion eq. onces will look silly.