LGL
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0.86% $1.74 lynch group holdings limited

Mate,If the market keeps falling you will see POG will go down...

  1. OpTrader
    2,431 Posts.
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    31/01/10
    19:56
    Post #: 6267768
    Mate,

    If the market keeps falling you will see POG will go down more and it is going to be ugly I personally don't see it coming and it must be close to finishing but if it did people and funds will be forced to sell gold to raise cash for margin as gold is the most liquid and easy to sell and LGL will go down much much lower but as I said I think market will rebound any time now but it does not mean it will go up 10% in a week.
    I will wait for LGL to reverse the trend before buying in.

    Cheers,
    LGL Price at posting: $2.77 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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