GOLD 0.51% $1,391.7 gold futures

OK all you goldbug contrarian investors.

  1. 10,543 Posts.
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    The stocks are looking pretty awful this morning aren't they ?

    Well check out the charts.

    Several have hit important retracements - that is the difficulty of contrarian investing - to be able to press that 'BUY' button when everything is screaming sell!

    Check OXR, CRS and LHG (though LHG may have a few more cents down to go - I would be looking for $1.14)

    OXR is on the money at 32 and CRS would be 58 for a 61.8% retracement.
 
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