something up (takeover????), page-2

re: sgw something up? Hey Sabre,

I bought in today, late in the afternoon after watching the market depth. Trading against such strong momentum today would only be suicidal. SGW and other gold stocks such as NCM all experienced strong support, so I don't know if the surge in SGW is directly related to a possible takeover of it alone.

I suspect many traders are expecting a fall in the greenback over the week, which should result in a rise in the gold price.

But then again, the Lalor brothers might just have had enough and may be looking for an exit.

Who knows. I just trade the chart. Stop set at 2.99.

Cheers