Tuesday, February 10, 2009

8:50AM PST GOLD MAKES NEW HIGH AT 91970


Just as gold is spiking my internet connection was lost and I couldn't get reconnected until the move had completely retraced to below my position. After waiting for this trade to break even and even make money, I lose the chance to make the money. So now I wait for it to rise again. At least gold is just above my buy in price (the green line) for now.
The dollar jumped up to .8562 then fell back to .8541 right now.
Bonds are moving back up and the Dow is tanking BIG TIME, over 280 points off.
Yen now falling, Euro rising and Oil near its lows.