Wednesday, January 28, 2009

7:02AM PST DOLLAR MOVES UP TO .8455, BUT GOLD MOVES UP TOO!


Euro is falling
Dow has been moving down
Bonds moving up fairly strongly
Oil just piddling around
Gold has dropped down to the previous low
at 89340.
Dollar has jumped to .8460
Euro is finally turning up
Dow may be turning up too
Oil still slipping back into the 41s
Yen is finally slipping
With the dollar rising some, gold could
be held back, or even sell off again.
It is falling rather quickly right now within
the last little upleg just formed when it
rallied from the previous sell of.
NOT GOOD!
At least down volumes aren't too large.