Tuesday, December 2, 2008

1:07PM PST DOW RALLIES INTO THE CLOSE BUT GOLD DOESN'T RISE THAT MUCH


Euro is standing still around 1.2700, Yen is also
quiet.
Dow attempted a sell off, but I believe the PPT
moved in to buy the indexes, as the Dollar stood
still at .8673.
Gold is moving up in the white up flag and just
above the top of the blue down flag.
I think gold will now sell off until after midnight
when we could see it rise around 2am pst as it
has the last few days.