Friday, February 20, 2009

8:16AM PST GOLD WILL EITHER RETRACE ABOUT HERE AT THE 75% POINT, OR MOVE UP AND TEST THE HIGH AND MAYBE MAKE A NEW HIGH, OR JUST EXPLODE ON MOMENTUM


Gold does move a bit higher on good volume
exceeding all the previous highs made on the
way down. Buyers may move in here on any
decent pull back.
Dollar steady around .88025
Bonds dropping again after a rise
Dow off about 150 points and turning up a bit
Euro up, Yen sideways
Oil falling