A reality check for investors mulling sale of gold
Date: Fri, Nov 20, 2009 at 12:00 PM
A reality check for investors mulling sale of gold
It's an age-old question among investors, but one that's more pertinent than
ever for traders facing never-before-seen levels in gold prices: How will you
know when it's the right time to sell?
BULLISHNESS AMONG GOLD TIMERS VERY HIGH
The average gold timer is now more bullish than on each of the past four
occasions in which the gold market has topped out, a worrying sign for
contrarians.
GAP PROFIT UP 25% AS DEMAND IMPROVES AT OLD NAVY
Gap says that its third-quarter profit rose 25% after it controlled inventory
to reduce discounts and demand picked up at its largest and lowest-priced sales
division, Old Navy.
ICE INVESTIGATING SPIKE IN DOLLAR INDEX FUTURES
The IntercontinentalExchange is probing trades in U.S. dollar index futures
that briefly showed a massive 9% jump on Friday morning.
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