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Message: Re: I love gooooooold

Nov 29, 2007 10:30AM

1) yes, there will be a very strong leg up tomorrow (see Level 2 bids and asks, headed to a balance at $5.00 now).

2) yes, there will be a sag in the SP, same as last time, when we wait for news again.

The next news might, but is unlikely to be, as fantastic as this NR.  So the price will bobble around.

I doubt anyone will see under $4.00 again, unless subprime caves all markets everywhere.  Hope we're ok on that front.


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