Monday, December 15, 2008

7:50AM PST DOLLAR HITS NEW LOW AT .8275


Euro going sideways for now.
Dow dropping lower.
Dollar gets a bounce to .8290
Gold could pull back 50% (83470)of this whole up move
from 82570 to 84370, or even further on profit taking
if it starts to pull back fast, which is starting to do.
Right now it's trying to find support on the top white line
of the earlier uptrend channel