Financial history doesn't repeat itself, but it often rhymes.
You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
Monday, April 28, 2008
gold
I think for reasons currently unknows gold is range bound $870-950...
that is true, then GLD should be a buy based on risk reward?
ReplyDeleteI'm waiting for it to hit 85, because I think it will.
My thesis is that we will get a 2-4 week pull back in materials... I'd look for a panic.
ReplyDelete