The Market is at a Stalemate

The market is at a stalemate. We hit highs of 10543 by noon, and lows of 10,380. We're making an adjustment to our Dow projections below.

Our new signal OEBLD DEC 2009 520.0000 CALL was available for .50 to 1.00 per contract profits, but it took true day trading to watch the market for the tight profits.

We will list this call as an open signal because of the difficulty in trading it, but not yet list a put. We see more odds of a new Dow projection high.

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"Gold's gyrations are the Dow Jones Index of Anxiety. When investors are scared about inflation, political turmoil, debt, financial breakdown-demand rises....
When things calm down demand and the price of Gold subside.
All that has changed with the advent of ETF's for Gold. In the past, if one wanted to buy gold, you had to really buy the raw material, the coin, the commodity, or invest in gold mining stocks, each fraught with their own risk. When the ETF Gold (GLD) and other versions came on the market the individual investor, and smaller emerging nations, were suddenly able to be investors.

For the past 38 years, since Nixon the idiot took us off the gold standard, the world has been engaged in the historical experiment of a single currency, the USD, that has no link to Gold.
Gold is the one currency that central banks, in any nation, can't print. It may take us a few more years for us to realize this, but the central banking system is fraught with error.

So to say this well: The Bank of India just bought 6.7 billion in Gold.

Weaving Straw Baskets-Fifty Steps to Understanding

1) Most things are manipulated by the few at the top of the capitalist pyramid that control the outcome, no matter what is done.

2) We only have what we remember.

3) In our reality our mission is really to give, love, flow and make and have memories.

4) Our perspectives can change in a minute. Values and goals can shift as fluid water. What we thought becomes not what we think.

5) Money must be understood. It is a “construed value” commodity, only worth the value that we put on it.