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Gold and new 2x commodity Etfs Options
j0sh1ngU
Posted: Tuesday, November 25, 2008 4:48:35 PM
Rank: Advanced Member

Joined: 10/29/2008
Posts: 60
Recently there have been commodities etfs released to the market that are double.
http://biz.yahoo.com/bw/081125/20081125005275.html?.v=1
their not released to the market yet but will be in the next few weeks. what are your opinions on gold. fundamentally i love it since i think US dollar will continue to drop. However, technically it seems overbought. Above the BB and stochastics and RSI. but is this a run that will continue on up and maybe pull back a bit. thoughts and comments appreciated
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