http://www.tradersnarrative.com/gold-gold-stocks-gets-clobbered-1270.html Freshly squeezed market commentary & analysis Thu, 20 Nov 2008 11:19:21 +0000 http://wordpress.org/?v=2.0.2 http://www.tradersnarrative.com/gold-gold-stocks-gets-clobbered-1270.html#comment-17062 Thu, 13 Sep 2007 00:10:49 +0000 http://www.tradersnarrative.com/gold-gold-stocks-gets-clobbered-1270.html#comment-17062 [...] In mid August, along with the rest of the market, gold got clobbered. That caused the bullish percent for the index to fall to 16% - a very, very low number. So far, it has recovered from this depth to 30%. As you can see from the chart (below), the BP index has quite a ways to go before it reaches overbought territory. [...] […] In mid August, along with the rest of the market, gold got clobbered. That caused the bullish percent for the index to fall to 16% - a very, very low number. So far, it has recovered from this depth to 30%. As you can see from the chart (below), the BP index has quite a ways to go before it reaches overbought territory. […]

]]> http://www.tradersnarrative.com/gold-gold-stocks-gets-clobbered-1270.html#comment-16101 Fri, 07 Sep 2007 23:19:53 +0000 http://www.tradersnarrative.com/gold-gold-stocks-gets-clobbered-1270.html#comment-16101 [...] Most probably the real reason why the gold sector has been doing well lately is that it was extremely oversold. In mid-August when I wrote about gold and gold stocks getting clobbered, I ended by saying: …right about here I think gold stocks are ripe for an oversold bounce. Nothing fancy, just a tradeable rally. [...] […] Most probably the real reason why the gold sector has been doing well lately is that it was extremely oversold. In mid-August when I wrote about gold and gold stocks getting clobbered, I ended by saying: …right about here I think gold stocks are ripe for an oversold bounce. Nothing fancy, just a tradeable rally. […]

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