Tuesday, October 14, 2008

8:02AM PDST GOLD MOVES UP OUT OF THE DOWN FLAG RETRACING 75% ON DECENT VOLUME...STOCKS FALLING BACK


After a lot of hoopla this morning and a gap up
opening on the Dow, it is now selling off as people
try to get back a small portion of what they have
lost in the stock sell off.
Dollar is showing topping pattern and moving lower
day by day, Euro is pulling back after a good rally,
Oil sinking lower, Bonds rallying lightly, but should
continue lower if sanity prevails, (not likely for a while, if ever!)
These markets will only get crazier and more volatile
as we all move forward into the Brave New World of
Authoritarian Economics.