Wednesday, December 10, 2008

6:14AM PST THE LARGER PICTURE, 75% RETRACE POINT AT 811.20


Dollar drops to .8659
Euro rises to 1.2948
Yen now rising a bit
Bonds keep falling
Dow standing still
Gold has moved above the intermediate PINK
down trend channel upper line
Also has moved just above the BLUE top line
of the shorter term uptrend channel.
This up move will soon need a good sized pull back
for profit taking, UNLESS the world has finally ended.