Allied Nevada Gold Corp ANV

RE:RE:RE:Gold next stop

[granafirme]

gold guy. pretty good analogy . I also see that gap which will eventually get filled. it is hard to predict when or how a bottom shows up . nevertheless , the breach of 1180 on gold was not an uneventful issue. Nothing goes down in a straight line but I sure see the long term trend down since the gold bull run . so far we have a 50% retracement from the low of about 300 bux ( 2000/2001 year). as per a short term basis , 1050/1100 is not to far whatsoever right? now that is only a target. It does not mean that we trade there for a very prolonged time. if we start trading sideways around there or even next week , I believe that gold companies will be even more attractive. I was inclined to buy some BTO at MOC on Friday. I decided not too because I try not to pick bottoms. even if I miss the initial rally , I do enter on the way up. aside from gold , I am in on oil which is trading sideways .. did I enter in the right spot ? not sure . them boys can take it down further. hope not. Gold is also being affected ny the so called "deflationary " pressures LMAO. either way .... lest see how mkts open on Monday. unfortunately for the gold bugs the US dollar went through the roof against the yen and I surely do not see a capitulation of the US dollar anytime soon... but it is a free mkt and the boat is very very heavy on the long side of the dollar . cheers