Thursday, December 17, 2009

December 17th, 2009

The market gapped down this morning. Gold stocks took a big drop because of rising dollars.
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9 comments:

  1. gcl106December 17, 2009 at 11:15 AM

    Again look for GLD to hit 105 area in order for a chance to bounce back up.

    ReplyDelete
  2. gcl106December 17, 2009 at 11:18 AM

    I will not able to post tomorrow due to travel.

    ReplyDelete
  3. BASDecember 17, 2009 at 11:29 AM

    Citi - C - 2.3 billion shares already ;)

    spy low 110.30 nice bounce off of resistance 3 110.29

    have a safe trip!

    so is it the floor on C with their offering last night?


    ohedemit

    ReplyDelete
  4. BASDecember 17, 2009 at 12:48 PM

    i got in spxu @ 38.12

    bonallyc

    ReplyDelete
  5. BASDecember 17, 2009 at 1:48 PM

    was looking for .30 at 38.42.. never made it.. :(

    bunchar

    ReplyDelete
  6. BASDecember 17, 2009 at 2:10 PM

    spy 110.29 was also special today because it looks like the close on 12/3

    http://stockcharts.com/c-sc/sc?s=SPY&p=15&yr=0&mn=0&dy=12&i=p62212601894&a=178437834&r=446

    copoi

    ReplyDelete
  7. BASDecember 17, 2009 at 3:41 PM

    i hate these 3:30pm reversals

    preado

    ReplyDelete
  8. BASDecember 17, 2009 at 3:56 PM

    THANK God for the Re-reversal

    double down spxu @ 37.88.. avg became 38.00.

    just bailed at 38.25.

    nice to finally get some winners this week.

    still looking for down day tomorrow.. we might bounce off the bottom for a little.. not sure we will break through first time.


    retams

    ReplyDelete
  9. gcl106December 17, 2009 at 4:01 PM

    Natural gas and dollars are continue to rise while gold stocks are falling. Is the scenario changing?

    ReplyDelete

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