Monday, August 11, 2008

OVER 41, 300 CONTRACTS DOWN SO FAR IN THE 9:00 PDST HOUR

Gold is just cascading down in both panic selling, brought on by over margined traders and the black boxes causing much of this selling. This will turn back up, and when it does, it will go up about as fast as it's coming down now... BUT... A good deal of the up rallies will be sold immediately by those who are just trying to keep their losses less than they were a few minutes before... This is the problem with margin...you lose as fast as you win! This is NO PROBLEM FOR CASH GOLD BUYERS! WHO SHOULD BE PAWNING THEIR GRANDMOTHER'S DENTURES RIGHT NOW TO BUY ALL THE GOLD YOU CAN GET! CALL KATHY LUCATERO AT MONEX IMMEDIATELY AND BUY SOME GOLD/SILVER NOW!

No comments: