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Thread: Very Strong Sell Signal - September 22, 2011

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  1. #1
    Quote Originally Posted by nikac View Post
    First hello, this is my first post here, so I hope it won't be a blunder :-)

    My dilemma is this: if dollar index is going up (and it appears it is), then isn't it a normal thing for the commodities to go down? Among them gold and gold related stocks, of course. The GDX robot is still in the buy or neutral mode but should we expect that gold miners are also going to be heading south if the dollar apreciates further?

    Thx for the answer.
    Pre market the price as been down to $61.00 but seems to be rebounding before the market open. Will the Robot keep its position ? We shall see.

    Trev

  2. #2
    Join Date
    Dec 1969
    Location
    Long Island, New York
    Posts
    515

    Awkward question

    Apparently my stop limit setting didn't work correctly on TDAmeritrade. Do I kill GDX now or wait for a retracement?

    Never mind -- just changed to a market and killed it.
    Last edited by Timothy Clontz; 09-22-2011 at 09:38 AM.

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