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Opinion on  streetTRACKS Gold (GLD)     Sector: Financial  >  Industry: Misc. Financial Services
SCREECHING HALT- Fed Decision and Commodities

Nov 01, 2007 11:05 PM GMT
Jump_free_by_sicknonsens
Return Risk
-60.00% HIGH
Analyst

Technical Analysis  

A very long commodity bull market might soon be ending! We may be approaching a screeching halt in gold, materials and oil. No matter what the Fed decides, I believe that we are having a perfect setup for a major temporary decline in commodities.... more





GLD:  This call was made on 11/01/07 @ $78.55
Rating:   Negative   $78.55 (11/01/07)
Gain/Loss:   -48.47% in 757 days
Target:   $70.00 (-10.88%) in Three months


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