20.10.2010 - Gold timers are quite subdued despite new highs
From Marketwatch.com: Gold market timers’ behavior is getting “curiouser and curiouser,” to quote Alice in Wonderland’s classic phrase. After quickly turning more bullish when gold’s rally began this summer, and giving every indication that they would soon become irrationally exuberant, the average gold timer suddenly stopped dead in his tracks: In the face of gold’s impressive rally over the last couple of weeks — which brought the yellow metal to only slightly below the $1,400 level — the average gold timer stubbornly refused to become even a smidgen more excited..............................................Full Article: Source
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