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Pascal
03-05-2013, 03:54 PM
The GDX model closed its short position.

We can see that the sentiment for the gold miners is extremely negative.

This requires a real courage to buy anything. However, the model will issue a buy signal if we cross above the oversold level tomorrow.


Pascal

17533

Billy
03-06-2013, 01:03 AM
http://www.etfdigest.com/commentary/A-Casualty-of-Currency-War-GLD-.html#comments