fantastic market reaction, page-65

There is a very high liklihood that SLR will now move into a bullish period of trading. This week the stock recorded its largest ever traded volume of 76M. The previous record, set 5 weeks ago, was 41M. The key difference this time is that sellers exhausted themselves into a key support level and the stock then regained the majority of its weekly losses to close out the week just about where it started. Stochastics are significantly oversold, and the overall sentiment in the gold market is that the bears have run out of breath after failing to push it to new lows this week despite piling on the selling pressure. I posted that USD POG chart the other day and the early signs so far is that a key long term trend line will be respected, which is pretty bullish for gold over the coming months.