Your analysis appears flawed on its face. A deadcat sucker rally should occur when there are NO real reasons for something to go up. Here, the fundamentals for gold are exceptionally strong, but face a short-term headwind -- the presidential election cyle. I am surprised by this bounce, because I thought all this would happen AFTER November. Nevertheless, because the fundamentals are behind this move, you should not call it a sucker rally. Instead, you should be crying that you can no longer buy more at bargain prices!
Today, Jim Sinclair's predictions of greater volatility seem pretty spot on.
Banks Cover Gold Shorts, But Not Silver, Yet by hot_glass [16-Sep-08 11:47 am]
After reading this yesterday I bought 200 sh of ABX instead of KGC. I felt ABX at this time had a little stronger performance. I have owned KGC and will continue to watch it as I feel it could be bought by either ABX or GG.