RE: itmwaveguy...Because K is going down- u think Gold is going down??? Hmmm i dont know about that....
Kinross is going down becuz of the merger and consolidation. no other reason.
As for other stocks- theres some profit taking as everyone is nervous. Theres alot of people thinking POG is only up becuz of the possibility of war and they think the other stuff like US dollar, asian buying ect- is all just a small reason.
if the US does not go to war- there will be a selloff, however it will be an opportunity. IF they doo go to war- then we'll see 380's.... However we'll see 380 anyways- its just a matter of time. So those who dont have cash and need to take profits- take it. Those that can sit and wait - will have our day in the sun.Its individual...
As for me- long and strong..... if it goes down i'll be averaging and waiting.... us economy in serious trouble!!