Monday, February 9, 2009

Market Update

The stock market remained in its recent range while I was out at the end of last week.  No change with that again today.  I still have mixed signals at these levels, 860's. 

Notes continue to look short term bearish with at least another point on the downside likely.

I'm still looking for a definate buy signal in gold but feel eventually that it will rally. 

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