Wednesday, May 26, 2010

Gold Parabolic - 26/5/2010


Parabolic moves are simply awesome to watch. And we're seeing one now in the Gold ETF.

No one knows when these will finish. But when they do - they do so abruptly. So - if you're riding this one - be prepared to be nimble.

In the meantime - this continues to confirm the bearish outlook on the Australian stock market and the Ozzie Dollar.

Cheers
Red

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