Tuesday, October 12, 2010

Market Not Very Flash Today

Its very much follow the leader the DOW up we go up but yesterday the yanks had a day off and our indices don't know what to do today so the All Ords is down 53 points testing 4700, think this will hold and will improve through the remainder of the day.
Entry into IAU again at $1.665 partly sold at $1.69 waiting on the balance to execute.
A lot of gold and resource stocks are down today and appearing in my bottom 20 market movers % price change with a value over $2mil. IAU is the top20 movers up using the same criteria. Seems no stopping this stock at the moment.
Will spend the rest of the day checking another 20 gold stocks for potential.

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