Gold

[DaveB]

I thought you used stop-losses? Gold's making a bit of a recovery atm.

Stop Losses dont stop you losing any money, they just stop you losing *lots* of money.

And the Dead Cat looks like it's got a couple more bounces left in it yet.

 

[TimberWolf]

Time to pile back into gold?

 

[Churchill]

Time to pile back into gold?

Nope, but I have some magic beans...

 

[DimPrawn]

I wouldn't do anything until we know what the w@nkers in the US are doing about QE3, otherwise it's just guesswork.

 

[Mich the Tester]

Time to pile back into gold?

Be careful; it could be a dead cat bounce. Forgive me; just practising the lingo for new clientco.

 

[TimberWolf]

Be careful; it could be a dead cat bounce. Forgive me; just practising the lingo for new clientco.

You're working for a vet?

 

[DimPrawn]

Gold tumbles as CME raises margin calls for second time - Telegraph

 

[TimberWolf]

I wouldn't do anything until we know what the w@nkers in the US are doing about QE3, otherwise it's just guesswork.

What's a little surprising is that the recent drop didn't scare the living daylights out of gold holders and cause a rout.

 

[Pondlife]

You're working for a vet?

Pet crematorium.

Rather clumsily by the sounds of it.

 

[TimberWolf]

Gold tumbles as CME raises margin calls for second time - Telegraph

Old news, it's dead-cat bounced since then.