• lafano
    Taking profit in gold (IAU) as its getting close to Bollinger Band high level and RSI over 70; 5% gain.
    1/25/12
    Reply (4)
    • Jack Snow: Just breaking out, throw road map away
      1/25/12
    • lafano: Technicals usually right and gold not recognizing the turmoil in the EU. EU selling off gold to raise money, depressing value?
      1/26/12
    • Jack Snow: That was last months story
      1/26/12
    • lafano: What I meant to say - it appears to be now correlated to the SP500 than independently. Both are in overbought territory.
      1/26/12
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