No big surprise from the super-committee. Market gave them a half-spanking and turned their heads back toward Europe.
2% drop in stocks, while commodities took it on the chin. Gold & Silver are looking a little more attractive. Let's see how cheap they can get. Gold @ $1500 would really perk me up.
At this point I'm still 100% cash - Just watching to see if the DOW holds 11,500 tomorrow. Wouldn't be surprised to see a small rally tomorrow, only because we've had several down days in a row. 2% wouldn't be out of the question.
If DOW drops into the 11,300 range.... Afraid I'll have to give some serious thought about buying for a trade. However, I doubt she drops to 11.3K.
Love to get another 2% gain before the end of the year... But let's not get greedy!
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