Volume picked up marginally last week in the CDNX, and the Index bounced back from a minor sell-off Monday to close Friday at 1763, a loss of 22 points for the week. The Index has strong support at 1700, as John shows in the 2.5-year weekly chart below, and the possibility of a bullish “Wave 5” move still exists.
I notice Jim Slater pushing SPA recently. Whatever happened to him with his investment in GBB. Does anyone know if he still holds a position at Gold Bullion Development Corp?
Comment by Rosco — September 18, 2011 @ 9:14 am
The 200 day is clearly headed down for 1st time since 09 bottom, me no like! QE3 is our only hope now, c’mon benny!!
Comment by dave — September 19, 2011 @ 7:12 am