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Re: gold stuck in a trading range
the risk you are talking about, in technical talk, is called "gapping up." gapping up means gold would jump from, say 950 to 1050 in one day. while that can happen, the jump to 1050 if it holds would be the signal to invest in gold again. the risk that gold can jump overnight from 950 to 1150 to 1250 is slim. and those of… -
Re: gold stuck in a trading range
I'm not sure I get the logic in bailing out at $945 and then buying back in at something well north of $1000 once it's apparent a new bull is here. What if gold rises from $990 to $1075 in one day? Are you back in then? Assuming gold gets to $1039+ by March 2009, would your alternative investments from the sale of gold at…
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