18th March 2008, a turning point?

Tuesday, March 18, 2008

I'll be damned. The Dow is up 105 currently and shows no sign of stopping. Commodities have been hammered, and oil has shown it's biggest drop in years! That's how fast things change. Gold, too, shows topping up signs now.

Look for $600 gold. Look for 85 in dollar index. Also look for 13,500 is Dow Jones Industrial Average in the next several months. It is called bear market short covering rallies.

That's how fast a view can change. I think it changed tonight.

Posted by Pithaly at 2:40 AM  

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