Wednesday, November 23, 2011

Europe again

Looks like Europe can't seem to get anymore organized on their finances than the US, Germany tried selling bonds & had a hard time selling any. I really wanted to get in the DOW at 11,300, but I'm still not ready to pull the trigger. Setting on a 10% gain for the year and must be careful.
Gold started to drop w/ markets early, but turned north as the day went along. Gold ended at just below $1700.
Here's the thing. No volume - shows no conviction. All the big boys are raising cash and watching. That's what we'll do for the rest of the week. Watch and wait. Boring but safe...

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