US on verge of Default! Silver/Gold & Economic update for Saturday 12/12 p1
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DOW/S&P: BULL (they are holding their own at this time) Dow Theory: Both Transports & Dow almost back to new highs. Bullish at this time.
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Date: 13th Dec 09 | Channel: Economy
Description: DOW/S&P: BULL (they are holding their own at this time) Dow Theory: Both Transports & Dow almost back to new highs. Bullish at this time. Gold/Silver: BEAR (in a pullback during Dollar short covering.) Time to average in at better prices. Silver should close back over $17.70 again to resume bullish trend. GDX: BEAR (also in pullback mode) Looking oversold though. 2 Trillion Debt Limit Hike article!! http://apnews.myway.com/article/20091... 1.1Trillion new spending bill with 10% spending increases for different agencies! Unreal. http://apnews.myway.com/article/20091... |
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