Thursday, August 4, 2011

Update DJ-30

DJ-30
  • Mid-line Broke
  • Could See A Bounce At 11,315 
  • All About Europe! 
  • Could See A Big Bounce Come QE3
    • Will Give A Short Rally
    • In The End, We Have To Pay Up
  • Could See A Bounce Tomorrow If Jobs Report Is Not REAL REAL BAD
    • If the Number Is Red = WATCH OUT
    • More Likely Will Be Red Next Month
  • HAVE STOPS IN PLACE!!!!

Tuesday, August 2, 2011

GOLD BULL

GLD
  • GLD Hit Mid-line
  • Break Up Higher = Look For 180!
  • QE3 = 200
  • Could See Ben Bring QE3 To The Table Next Month
    • Will Not Help In The Long Run