Monday, December 7, 2009

December 7th, 2009

The spot gold is continuing its pullback. It had dropped more than 80 points in a couple days. The gold stocks are pulling back too.

5 comments:

  1. SPY is still hanging around in a small range of 111.00 to 111.50.

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  2. Since last week the market rallied in the first half of trading each day, then it fell back down in the second half.

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  3. bernanke is speaking at 12:00 est.. i think everyone is waiting now.

    latious

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  4. I am still looking for SPY to hit 106.5 area again. Also I am expecting spot gold to continue its pullback. Watch GLD to retrace back down to 105 area again.

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