Comments on: GIX.V http://www.fubarrio.com/2007/10/gix-v/ Dispensing Unwanted Advice since 2006 Sat, 27 Aug 2011 06:20:04 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: fuBarrio http://www.fubarrio.com/2007/10/gix-v/comment-page-1/#comment-159 fuBarrio Wed, 31 Oct 2007 00:19:00 +0000 http://www.fubarrio.com/?p=217#comment-159 p.s. since i wrote this i notice that gold has "crashed" down 7 bucks to 777ish on the spot chart.<br/><br/>the anticipation is that the fed will lower rates tomorrow.<br/><br/>i suspect (believe it or not) that regardless of what the fed does, short of moving interest rates to zero we could see a pullback on gold over the next week or two or three.<br/><br/>however, i'm not confident enough to try and trade it on the downside!!!<br/><br/>i will be waiting to pick up some more if it gets to low 700's and again in the 600's if it dares to swoon so.<br/><br/>ciao,<br/>fuBarrio p.s. since i wrote this i notice that gold has “crashed” down 7 bucks to 777ish on the spot chart.

the anticipation is that the fed will lower rates tomorrow.

i suspect (believe it or not) that regardless of what the fed does, short of moving interest rates to zero we could see a pullback on gold over the next week or two or three.

however, i’m not confident enough to try and trade it on the downside!!!

i will be waiting to pick up some more if it gets to low 700’s and again in the 600’s if it dares to swoon so.

ciao,
fuBarrio

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