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Message: Market reaction

Market reaction

posted on Aug 05, 2008 04:31PM

Ok, so it was a bad day for commodities.

I have yet to re-read the NR and i need to, but i thought it was pretty good, GM is now six times bigger with sxg hitting mineralization at the east of thier propertyline, confirming strike length! Lots of new targets and parralel structures...

But what a brutal reation, we did get a bounce in the pm, but to go 20% down at opening is just making me wonder what the hell is going on with the market! is it the market? all the sub prime bs? or does a guy have to hit 40gpt over a width of 10kms to get good, or any results? out of the mass of stuff i've read, everyones got this bullish prediction for gold, with juniors about to be recongnized.

I'm into sage aswell, and they have had some good NRs to, only to take a blood bath the next day!

Gold being the currency turned to in unsure or perilous times, something aint adding up here.

I'm still long on both and I'm not too wound up about getting a (hopefully) brief thrashing by the market, but this to me is just nuts.

Hopefully some can comment on this to help me figure it out.



Thanks all,

sw



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Aug 05, 2008 05:36PM
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