Hi, Muscleshoals. Well said, and your post is helpful in covering quite a few important points. Considering the complete absence of news for all this time – especially since the lows seen in August – the chart has done ok, showing firm support levels and moments when the spread is narrow. Recently the size has usually been greater on the bid than on the offer. No evidence of major tax-loss selling, either. If any such selling does come in, that will set up an opportunity, as I see it. In any case, byy mid-January we will surely know much more.
GLTA, and I wish all posters and readers here, a happy holiday season and a good 2017.
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