Wednesday, March 4, 2009

Trading Summary for March 4


We hit 10 cents today on relatively low volume. The market seems to be in a wait-and-see mode now - waiting to see if the financing comes through. The last time we were at double digits was July 16, 2008.


Gold tested $900 twice today and bounced off that level. The true test will be at 9AM ET tomorrow because as Production pointed out, it seems that 9 days out of every 10, that's when gold gets hit in NY.


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