what to do if slr hits $2.70?, page-99

Interesting discussion here about traders selling out today.

SLR would have been on the watchlists of a lot of traders who bought in earlier on the slide thinking $2.50 was some sort of a bottom and they would make easy bucks riding it back up to $3.00. Perhaps when $2.50 did not hold they panicked out of the stock together driving the price down more than it might have fallen. Just a theory.

The market's psychology when playing in the goldie playpen has been changing, and those not adapting fast enough get to hold the bags for longer than they may have wished to hold.

I do not subscribe to the idea that POG is heading back to $USD1000, but around $1400 is a possibility over the near. $800-1000 POG could happen with GFC2, but the equities market is not seeing GFC2.

loki (holding some bags that should have been left at the pawn shop earlier.)