Monday, October 27, 2008

1:01PM PDST GOLD FALLS IN AFTERNOON TRADING


Dow closed down 218, Euro down to 1.2520,
Oil moves down to low 60s, Bonds move down
from the 118s into the 117s in a rather precipitous
down angle in 4 hours, Dollar moves up from day's
low of .87215 up to .87605
After this shot gold continued to fall to 73030,
which is yesterday's close price. This is a very
common move for gold. It usually rebounds from
this point.