anticipation
in response to
by
posted on
Feb 23, 2009 12:07PM
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)
Today was supposed to be the soft day, yet the dow fell another 250 pts, to a 10 year low and gold held it's ground above $950. So rather than gold giving up some gains, it seems to be positioning for a good thrust through the resistance at about $1,000. I've been sick in bed today, and only checked the news and stock prices a couple of times, but the trend is clear. When Obama's press secretary spoke, the dow lost another 50 points!
There seems to be no confidence in the latest round of bailout measures, as though people are realizing that you cant borrow your way out of debt trouble, and tax cuts and other measures to address the deficit are gaining awareness.
So with Tyhee likely to come out with a significant press release tomorrow or thursday (i think!), and the POG getting ready for a major offensive, I am very excited. I picked up another 32,000 shares today, and paid much more than I would have a few weeks ago!
I can see some land-based birds flying over our ship, even if land is not yet in sight! And after coming through those storms, my confidence in our skipper is even higher than it was this time last year.
Wish I could be there to see the TDC presentation at the PDAC. Perhaps DW will post it on the company website?
SKELEG