Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 V.PGM

RE:RE:RE:RE:PGM.V POSSIBLE DOUBLE TOP HERE .16

[tdsb]

Shelby, Charts1 is a penny flipper, most of the selling we are now seeing is from margin calls being executed by the brokers. With The DOW now done below 29,500, the people who have margin accounts are getting calls from there broker demanding them to put money back into their account because it has fallen below it's worth. If you can't come up immediately with the cash the broker goes into your account and starts selling everything at the bid until he gets his money. Everything gets sold including resource stocks. This selling is across the board that is why everything suffers, it's called forced selling. There are over one trillion US dollars in margin accounts, and probably over 5 million people who have stocks on margin in The US and Canada.

Once The US $ rolls over the resource stocks which are already at bargain basement levels, will start to move higher because the price of gold is tied to the US dollar and as it goes down gold will rally like crazy and so will precious metal stocks. Just wait! CHEERS!