Yes, I sold some ABX and am now in the process of starting to buy those back. I am also down about 1/7th of my TDC, but hope to address that in the next week or two.

How about you, Scotrr? You get hurt, or are you one of those who made a killing on the way down shorting gold and gold mining stocks?

As for me, I believe this was a rare psychologocial panic event that will soon enough be behind us.

But it may have really hurt some people/companies beyond their ability to survive.

One thing I saw that was very weird, right in the middle of the panic on Monday, was momentary bursts of numbers of shares offered for sale of ABX, where the number would jump from say 50,000 bid vice 30,000 offer to momentarily 20,000 bid vice 650,000 offer, and then no trades for a few seconds and that mysterios offer dissappeared, and a lower bid / ask set up ensued, stepping down again and again taking ABX down deeper into hell. I think this happened to a lot of gold miing stocks, and I think this is where that flash-trading or whatever where the larger companies use supercomputers to put in asks which they have no intent of following through on, just to suck the prices farther down.

In any case, I think we may learn of some very nasty manipulation on the way down. On the other hand, it could well be that it was a cascde of stops and margin calls that got a panic life of their own. I does not look like fundamentals or the end of the gold bull to me, as money printing and real inflation are not going away.

Wish I had held off a couple of weeks before my big purchases... now would be a great time to buy more Tyhee and majors.

gs