Thursday, February 12, 2009

1:26PM PST GOLD SINKS LOWER APPROACHING THE AFTERNOON CLOSE AT 2:15PM PST


Gold has penetrated the blue uptrend line several times so I am eliminating it. The white down flag is still valid and resolves UP.
This market is getting very exciting, but the higher it goes, the lower our standard of living is falling. So don't get to giddy about any profits you are making. We're only running in place.
Nap time.