Re: TRX Cycle
in response to
by
posted on
Jun 21, 2011 04:25PM
Edit this title from the Fast Facts Section
It takes three tries to break through the 7 area Gil We have seen 2 tries and the third one is in the make.
Regarding your fear of gold taking a beating:
In december 09 gold was at 1200 and TRE was at 3 with a 5 million short position.
In August 10 gold was at 1200 and TRE was at 6 with little over a million short position and just getting ready to be pumped to 7.50 by the - now - again well over 5 million short TRX fund.
This fund has met his match, just like in late 09.
"it"doesnt need to happen in the next few days. We need to hold the bottom here, which we are doing just nice with three hogher bottoms on the daily and then we cross the 5, 10 and 20 day moving average.
"it"will certainly not happen if we scare other shareholders stating that the share will go to 3.
Brgds,
Jazzper.