Posted by dodgerdog on 12th of Aug 2008 at 11:38 am
Yes, many doubted the commercials and once again they
prevailed. This sector needs a strong bounce at a minimum but
I want to see a volume reversal before hoping on board.
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I can't wait to see
Posted by matt on 12th of Aug 2008 at 11:32 am
I can't wait to see the commercial net short this Friday for gold, I bet it's now down in the low 100K range, we'll see.
I'll go you one better
Posted by perthx on 12th of Aug 2008 at 11:48 am
I'll go you one better and bet we see the commercial shorts down to 88-90k.
Okay folks - I'm the
Posted by rgoodwin on 12th of Aug 2008 at 11:51 am
Okay folks - I'm the one in Vegas - any bets have to go through me - house keeps 10%
DIG - Elliott
Posted by googool on 12th of Aug 2008 at 12:03 pm
very likely, it's doing an abc zigzag, in its 5th wave, be patient, at least a 32% bounce can be seen soon
Nice chart analysis - thanks
Posted by dodgerdog on 12th of Aug 2008 at 12:14 pm
Nice chart analysis - thanks for sharing.
DIG
Posted by vmath on 12th of Aug 2008 at 12:12 pm
Shaolin priest say: "Patience Grasshopper!" LOL Thanks for the chart!
Yes, many doubted the commercials
Posted by dodgerdog on 12th of Aug 2008 at 11:38 am
Yes, many doubted the commercials and once again they prevailed. This sector needs a strong bounce at a minimum but I want to see a volume reversal before hoping on board.