Gold finally makes it over $1600 mark…now to see if it continues up from here. The markets went in the other direction with gusto. The NYSE Advance/Decline volume was over -10:1 for the bears. The S&P and the Dow, did recover half of its morning losses by the end of the day. The Nasdaq looked strong in the afternoon…maybe in anticipation of IBM earnings…but there was no stopping AAPL! Wow if really took off.
Still a very crazy market…up and down. Remember,
Better to be in cash wishing you were in the market than to be in the market wishing you were in cash!
Be careful out there.