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Current DateTime: 12:27:01 29 Nov 2009
LinksList Documentid: 23371764
    • Gold Will Collapse Like Oil Did in 2008: Charts

        The gold price has moved quickly and it has developed an important new uptrend characteristic. This so-called 'parabolic' trend is a dangerous type with a high probability of a sudden collapse.

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Current DateTime: 12:27:01 29 Nov 2009
LinksList Documentid: 30111251
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There has been no let up on volatility this week. In the early afternoon, the Dow is trading at its session low today, down over 500 points. Yesterday, the Dow [&DJI  Loading...      ()   ] closed down only 76 points - but don't let that fool you, as it actually traded in another wide trading range once again. This continues a trend it has had for most of the month. Take a look at the point ranges during the last week and a half:

Today (as of early afternoon): 513 points

Yesterday: 709 points

Monday: 966 points

Friday: 1,019 points

Thursday: 869 points

Last Wednesday: 433 points

Last Tuesday: 687 points

Last Monday: 797 points

Additionally, the CBOE Volatility Index [VIX  Loading...      ()   ] is up once again above 60, suggesting greater fear is returning once again.


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Current DateTime: 01:02:03 28 Nov 2009
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