01.10.2010 - How long can GLD remain overbought?
From Hardassetsinvestor.com: Six trading days and counting. That's how long the SPDRs Gold Shares Trust has been overbought. Not that this condition hasn't cropped up before. Since its debut in 2004, trust shares have tipped the needle into the overbought red zone 18 times. (Make that 19, counting the current market.) So, what does "overbought" mean?.............................................Full Article: Source
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