Sach - Judging by your posts in SAR and MML, you seem to have taken a keen interest in telling everybody gold is going down, yet I'd be surprised if you've ever owned either of these stocks, gold, or ever will.
For example:
MML
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http://www.hotcopper.com.au/post_threadview.asp?fid=1&tid=1260504&msgno=5737748#5737748
"perfect double top at 4.88 few days ago. Something sinister might happen here and to gold price.
I wud have opened a short position but is not avail on cfds. Can anyone tell me which broker allows short on mml cfd"
SAR
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http://www.hotcopper.com.au/post_single.asp?fid=1&tid=1260316&msgid=7085361
"subs holder selling. perhaps they no this in unrealistic level for gold and stocks that have run up 10 fold recently"
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I'm always fascinated and curious about the motivations of individuals who make the effort to post in threads about stocks they probably have little or no interest in, other than to tell everybody that you are going to short them. To me, if I was going short I don't know that I'd be telling the world. I'm just curious what you get out of it?
Is it an act of benevolence or do simply feel regret for missing out on the great run we've had? If you purely trade on technicals, and you really want to make a dollar, I'm curious if you've ever been on the other side of a gold trade, which from what I've seen has likely made people more money than lost?
At any rate a broken watch is right twice a day. Gold will take a breather at some stage, and judging by the charts probably soon. Big deal. That's what stops are for. Enjoy the technicals, and I'll enjoy the trend, but thanks for caring and sharing.
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