RE: RE: Takeover and Charts Yesterdays volume was quite heavy. I think we have perhaps two or three more capitulation days in front of us. Yesterday we did break down in the GDX, GDXJ and CDNX on heavy volume. There will be more of that selling stuff but we should have worked through it in a week or so, if we don´t get one of those short lived bear-market rallies. I think after the Facebook-IPO on Friday markets should generally head down for awhile and that will be the catalyst for the rest of our panic selling. The stopper? Monster-QE around the world to save our beloved banking friends. I will buy more GNG under 0,15. If not I would be pleased on the relative strength of this company and enjoy all the shares I am owning yet.
Good luck
F