RE: RE: RE: RE: Top 10 traded on the TSXGoldman have openly stated they fully expect QE3 to be announced on friday,Now concidering how much they lie to the markets,to me this means they do expect it not to be announced (dispite macro being much poorer and indictive of a double dip, inflation is much higher then it was when QE2 was announced) So my thinking is Goldman would want as many participants on the long side as possible so that they can slaughter them on the short side..happened before and likely to happen again.When and I agree IF this happens the US markets will fall very sharply seeing as there is zero additional liquidity to support prices..gold will get hammered as well.
Like I said my stop losses in place just in case...and prepared to buy on the bounce early next week,if it goes the other way can change strategy in a heart beat.