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GOM dipping (and staying) below $4.00 USD (June 28)

Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
06-28-2005 12:30
GOM has been under $4.00 USD for L$1,000 for the past few days. From the current buy/sell activity it appears as if the L$ will remain under $4.00 USD and possibly trend lower.

What does everybody think?
Malachi Petunia
Gentle Miscreant
Join date: 21 Sep 2003
Posts: 3,414
06-28-2005 13:49
I think your definition of "trend" is a little broad as the current swing to $3.94/block from $4 (down 1.5%) is well within the normal range of variation and likely signifies nothing at all.

Unless you are a day trader in which case buy, buy, buy! (or is it sell, sell, sell?) :D
Jamie Bergman
SL's Largest Distributor
Join date: 17 Feb 2005
Posts: 1,752
06-28-2005 14:02
LoL.... well, I don't buy or sell ... but I guess I probably watch GOM a bit too closely so get excited about small swings....
Red Mars
What?
Join date: 5 Feb 2004
Posts: 469
06-28-2005 15:40
I for one HATE it!!! I do NOT like the way it's been dipping.
















































Whenever I'm broke the price falls to the floor, but sure enough, on pay day, BANG it's back up above $4.00 again!!! :mad:
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