Wednesday, November 26, 2008

Gold, Dow,

With most markets closing early today, it is likely to be quiet. The Dow chart offers a ray of hope for stock bulls with a sign of consolidation. There may be a trade to buy it later.

Gold still looks positive. Buy calls or contracts under 810 (Feb). I'll update stop levels if we get there.

There is a substantial risk of loss in trading commodity futures, options and foreign exchange products. Past performance is not indicative of future results