RE:Tarsands........Measured Move?
I think I got your thinking, its like this right?
Low for gold was around $1050 , and its 2011 high was $1921 say, is a difference of close too $900 right.
So $900 + say $1900 = $2800 per oz. So yes I concur with your price target of gold!
And what the heck was that this morn? A flush , some one wanted out at the bids, or took a market price for their shares.
I think the gold sector needs a rest , along with the price of gold! She is RED HOT and needs a rest.
Probably what the person thought this morning with the big sell at market.