The Dow has exceeded my target of 10,200. The next stop would be 10,600, then 11,000. I just don’t see the Dow reaching 10,600, but the power of this move is unmistakable. The talking heads are all bullish. This is not a good sign. Clearly we are topping, the question is where the top will […]
Archive for December, 2003
Gold has finally closed for two days over $400 an ounce. As I write this Gold is $409 an ounce and should rise up to maybe $417 - 420 an ounce before year end or shortly thereafter. Completing this rise (should it happen) Gold should correct down to $360 - 370 or so.
The Dow Jones […]