Grrrrrrrr!
At some point soon the Dollar is also going to look overbought (it is just another fiat currency), not to the Euro but to gold. I am wondering if it is a good time to buy gold here around 1050, on the fear trade?
This has to be weighed against the talk of rising interest rates and continued global slowing and of economical reports continuing to support this.
Anyone- it sure is a crap shoot!
Anyone cutting their losses today in the market? Over the weekend lots could go wrong overseas with the PIGS, Portugal, Italy, GB, Spain..............??????????
I think the MM will try to get the DOW back to 10000 its going to be tough, be looking for the end of the day selloff to start earlier than usual