Thursday, November 20, 2008

5:00AM PST THURSDAY


Dollar is going sideways at .8795 after slipping
back from the big spike up yesterday from the PPT
Euro is making a very wide saucer to the upside
Dow is in terrible shape
Bonds are now up to the 123s
Oil sinks to the 52s
It doesn't seem to be likely to see a big gold spike
this morning on the open as we have been seeing,
but anything is possible nowadays.