RE: Sitting on the fence todayballistic- OR the other way(down)
i'd say its 50-50 short term on a correction. However- what is the POG bottom- 300? I can live with that and do not believe for a minute it will be at 275. IF there is a correction and POG is around 300- i will be buying as will most . So - were are very near a bottom- I think what we really need to ask ourselves is- how far are we away from the top??
That should sum it up..... I agree with wildstuff- i think something BIG will happen- just a question of when. Words out- on the street- on the boards, everyone is looking at GOLD or cash. As a matter of fact- two people i know holding large portfolios SOLD everything- took there losses to hold cash for opportunities or GIC's. So- the selloff has only started and people will park money into something- that something will be gold. Get ready- 320 to 325 Sometime in May.
That'll shake the tree.....