Blog description

My photo
A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Wednesday, September 10, 2008

GLD, EUR/USD, & THE S&P

How low will Gold go?
As the commodoties trade unwinds will a precious metals bottom signify the time to get back in on the long side?

Here's a thought...Where are all the profits from the Energy and commodities run-up going?















Equities? No they're down too....

Maybe the Dollar....It will be interesting to see if the EUR/USD finds support at the next FIB line.

No comments: