GREY:OLEPF - Post by User
Post by
tony1969on Mar 06, 2013 8:26pm
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Post# 21090989
For whatever it is worth the big boys.......
For whatever it is worth the big boys....... did well today after being briefly down in the morning. ABX, NEM, and IAG all had really good days. It was a really nice reversal on good volume without gold helping any. Sold my IAG yesterday and bought 2k shares of ABX this am at $28.46. It closed at $29.69. Stil hold it. Quality stuff will move before others so this may be a good sign.
Again I am pretty impressed that gold has held around $1580 considering the whole world hates it right now. This means that there are plenty of buyers. If you look at a chart we have been consolidating for almost two years. Short term very oversold.