RE: FunnyIt is interesting that the world economies are fallling apart.
$EU will tank, $US will rise, but then so will the $US will also tank, and Gold is going higher...much higher...lol.
We are going through the yearly seasonal rotation, starting US Thanksgiving, and industrials, biotech, golds/silver stocks, banks, material will be a little weak, but all the other base metals, and some commodities could be off.
T/A may suggest the sp has hit bottom...lol.
Draw a line from the top of 2008 highs to where we are now, and its a striaght line.
Analysts are already stepping forward to suggest next days, perhaps as Dec rolls in gold is going to $2100 over xmas. Hold on, but don't hold your breath...lol.
Traditionally, the day after US thanksgiving is know as black fiday, and this year no different, but the volitility hit another trade record.
OK, I not ruling out another interday stop loss dive, but expect major swings, AVR has a one year target of $3
I think the sp will rise up to $2.80'ish in the same mirror reaction to the upside, but i am an idiot...lol.