Mining for gold. Gold 855.01?

  http://stockcharts.com/h-sc/ui?s=$GOLD&p=D&yr=0&mn=9&dy=0&id=p48856457090&a=326312078 We may be assassinated by the gold bugs, but an analysis is an analysis -- if not a cigar.  We ran a rule of 7 analysis on gold…

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Golden apples….

  http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=5&mn=0&dy=0&id=p31723949560&a=290122392 The question is not whether gold will go down, but how much.  As always analyzing these things is tricky but ever one to step on thin ice we…

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Dow 16000. SPX a hair off 1700…

  http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=0&mn=6&dy=0&id=p62060422991&a=205639989 An important psychological barrier fell today as the Dow closed above 16000.  Here a close up of the Industrials.   The three humps here represent  a base which…

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Market animals and…Thanksgiving

EVery year, at Thanksgiving and Christmas, we take a moment out to think about hunger.  Not ours.  Here is a San Francisco Chronicle editorial on the subject: http://www.sffoodbank.org/in-the-news/san-francisco-chronicle-editorial-food-banks-cant-make-up-for-food-stamp-benefit-cuts  It's not…

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