Why O Why am I looking at GFI

[Brazen]

AGAIN!!!

[#2]

yeah - me too :)
It bounced off a 61.8% retracement yesterday - I got a lil nibble at 12500

[Wizard]

It will do well don't u worry

[Brazen]

Hate to use this phrase BUT it looks like it may have bottomed. All this volatility of late and it's pretty much stuck. I think a small installment is in order. GFIIHB looks good - barrier at 104 or GFISTA with no barrier.

[#5]

You still playing warrants B? I could have sworn you'd converted to SSF's.

[Brazen]

No warrant Avs baby, they're for the birds. Only installments and SSFs. But, an SSF on GFI - I'd rather roll in honey and sit on an ant heap. Of course what I mean is I'd rather roll Gravy in honey and put him on an ant heap. But that's just mean.

[Southpaw]

Been playing GFIQ for a while, however got a little burnt at the end of Feb. When do you think it will start moving ?

[CE]

J-man, you following this one bro ?

[john_1]

CE ..You know how I feel about gold unless you have dollars overseas and are buying the actuall metal for me the answer is no. Just look at the platinum stocks over the same period. I think we are in a very difficult market as the only bright spot that I see right now is BIL AGL and the plat sector. every thing else is headed for the dogs iMHO

[Brazen]

john is a smart man. good looking too.

[john_1]

Morning Brazen, Stop blowing smoke up my *****!

[Brazen]

LOL! Okey dokey. Nothing doing for me today - sitting on my cash having a lookey see, but me see nothing. Except maybe GFI - and when I look at that barker.. . . .

[john_1]

This is how I see it AGL BIL and the plats are giving renewed buys, however the top 40 the ftse the dow are all still not confirming that the down trend is over. So despite the lost chances of getting in at great prices. I like my fingers more so Untill I get conformations in these markets I sit tight, however I think that trying to short the index right now is very dangerous ( saying that I am short and paying for it) because of the high weight of the diversifieds. so If you want to short it has to be stock spesific.

[Brazen]

Yip. I think 'crunch' time hasn't happened yet, it's threatened to a couple of times over the past few weeks, but it hasn't happened. Could still be coming? Probably still coming?

[TJH]

GFI is in a buy, but wait for another collapse to maybe R121-122-50. Should happen soon. After that, we will see the start of a two week surge, and then you get out and wait for a final collapse to R113 or so. Am long at R124 and moving out slowly at current prices. Keeping some back just in case the Rand falls out of bed and supports current prices.

[john_1]

B I just think that there are times to go fishing and this is one of those times.

[Brazen]

Thanks guys (blows kiss to the penguin).

[john_1]

Huh?

[Brazen]

TJH baby, 122.50 - just a question - do you go on EOD or buy if it hits intraday?

[TJH]

You going to make lots and lots of money. Just be patient. The final ,final move down will be accompanied by a big stock market correct (I won't mention the "C" word.). We in the final stages of a "A" wave down which hasn't finished in the US. If it hits R123 just keep averaging down. You have probably noticed the gold shares are resisting downward levels. It is the anticipation of the "B" wave up.