Can I now finally short some gold shares? Please? I went short BIL today, because it broke a price line on my candle chart and the MACD had crossed over and there were falling tops on the RSI. And now this bloody rally! But, 'twas only 1 contract. Has a rally based on the fact that we've hit an x-year low EVER lasted? Usually just long enough to squeeze the ***** out of me. Dammit, if these bovines take me out on a short squeeze AGAIN - this bear is going to be very, very cross. Just remember what Charty said the other day - bears never run after their prey - because they know that next time they'll just take out a whole lot more! Grrrrr. Today economist Chris Heart said on the radio, that the US and UK are heading for depression. Everyone hear that??? Depression! John Mauldin this weekend wrote about the particularly sad outlook for European banks. Makes the US look like a Sunday school picnic. Now I know why dindins said here the other day that INP is going to god (zero). Me think so too.
