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Gold/Mining/Energy : ECHARTERS

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From: E. Charters8/14/2011 8:43:49 AM
   of 3744
 
The interesting thing about the Dow Jones* fall as that volume was not crazy during the sell-off. wassup? You would think there would be crazy high volume as the market relaxes. Not so. So what is actually happening here. It is not Lemmings at the gates, stampeding out of paper. It is just a gradual relaxation of the bid. As such I judge it to be a market adjustment, not a crash. What is interesting is the violent price oscillations at the support level and the very high volume. This means there could be short close outs and support buying going on major.



*" The S& P has no right to downgrade the nation." -- Barack ('scuse me) Obama

hmmmmmm well this is an interesting socialistic take on markets and money. If the S&P doesn't do it, who will? We can't have commissars telling us all is well when there are no cabbages on the shelves whatsoever. I would rather have the S&P report on shelf cabbage numbers.
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