If you would like an email sent to you when I update the blog please send an email with "subscribe" in the subject line to traderbob58@gmail.com. To be removed use "unsubscribe".

Search This Blog or Web

Friday, July 20, 2012

GLD poll result

What do you think GLD will do?

Hold the current price lows and eventually move higher
  18 (40%)
Break the current price lows into a deeper correction and eventually move higher
  10 (22%)
Break the current price lows and spend a prolonged period at lower prices
  7 (15%)
I have no idea, but I wish it would make up its mind soon
  10 (22%)

Votes so far: 45

I see 62 percent believe we will see higher prices eventually.  We have 37% that believe we are likely to go lower first.  It is spending an awful lot of time near the lows like it wants to break down.  I guess we will see. Thanks to everybody that participated.




No comments:


The information in this blog is provided for educational purposes only and is not to be construed as investment advice.