GDX 5 min chart

    Posted by frtaylor on 13th of Jan 2011 at 12:01 pm

    seems to be forming an inverse h&s. Someone w/ more experience - care to comment?

    Gold should have been way

    Posted by PA on 13th of Jan 2011 at 03:58 pm

    Gold should have been way up given the dollar plunge the past two days. It has further to correct. I have April puts for protection

    dollar was/is only correcting

    Posted by perthx on 13th of Jan 2011 at 04:01 pm

    dollar will continue much higher now...so gold and silver should get whacked some more maybe???

     

    yeah, I meant that Gold/silver

    Posted by PA on 13th of Jan 2011 at 04:08 pm

    yeah, I meant that Gold/silver probably have more room to correct. Sorry for the confusion

    maybe, hard to say, though

    Posted by matt on 13th of Jan 2011 at 12:01 pm

    maybe, hard to say, though I don't mind it being down, good for the GDX swing system. 

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