Monday, December 15, 2008

You Are Here



Never a good idea to prognosticate on patterns alone, but this market is sure trending like late September. It is probably hyperbole to get as cute as pointing to trends and saying this is what's coming, but it is something to consider with this very repetitive tape. It will work until it doesn't.

The one thing that did get me a little cautious was the weakness in the gld/slv ratio. It is something to watch.
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