What's promising are the gold stocks (HUI) decoupled from the main market and followed gold higher last night...
COMEX again foretold this move higher - large commercial (banker) short covering in January, record speculative short positions near the $1300 low (highest since mid 2005 when gold was around $420) followed by a collapse of open interest in February as speculators bailed the sinking ship.
Rowingboat
Add to My Watchlist
What is My Watchlist?