From Pamela and Mary Ann Aden....excerpt and link follows....thinks markets are now similar to 2008....ugh!

Currently, the major uptrends favor U.S. bonds and gold. Even though gold could decline further, if it does, it'll provide a good buying opportunity. As for cash, the U.S. dollar is best.

The major trends do not favor stocks, commodities or the currency markets. These major trends are down.

This could change, but for now we'd focus on major uptrend investments and avoid or cut back on markets where the trends are down.

Remember, sometimes it's best to simply stand aside and this appears to be one of those times.

http://www.marketwatch.com/story/signs-point-to-a-2008-repeat-2011-11-23?link=mw_home_kiosk