Thursday, August 16, 2007
As another nail gets hammered into the coffin of the short term bullish scenario
We note that a gap remains unfilled just below here. Grasping at straws? Maybe, but I would rather have that gap taken care of now that we're blown up anyway. Edit (10:19) Capitulation? I switched from trader to accumulator on weakness and am not changing that tact except that now I am an accumulator on outright decimation. Anything I have sold in the last few days is in service to trading UP quality-wise. I want to know every miner I hold well and juxtapose that against the big picture fundamental background for gold. Oh and btw, gap filled.