Thursday, December 4, 2008

8:00AM PST

Resistance is in the 780 area
Dollar is down to .8685
Euro is up to 1.2740
Dow is barely up at 8634 tops and wavering
Bonds have climed into the 132s, (they will crash eventually)
as they pay nothing and are NOT a safe haven like gold.
We could see another gold run up until the Euro hits
its previous high at 1.2762, but all run ups will be
hit hard and sold down.