RE: RE: WOW, BRUTAL DAY.... Wonder why.......
First, the volume is low. 44k vs daily avg of 107k. so this is not a "cut and run exit"
Here are some potential issues working against us
1) gold has been sitting or drafting lower as it struggles against preceived good ec stats. Therefore weak hands get nervous and sell.
2) for some, the 50 ma crossed over the 200. This will be seen as a sell signal. (Like when it crosses on the way up, its seen as a buy signal.)
3)no news when expecting it some time ago.
Some more thoughts: You either believe that this is a good resource that will be developed or you are not sure: well then do some digging and determine for yourself where you stand on this issue. Secondly, junior stocks are high risk. Never put more in them than you can afford to give up. Hence you can still sleep.
Then turn off the computer, and let mgt do their job.
Fear and greed always works their magic.
Have a good nights sleep.