Monday, October 15, 2007
MARKET SELL OFF--NEW HIGH GOLD
Gold/XAU Ratio 4.21 Gold fibonacci retracements are 717 702 687 levels---I am still looking for a correction to this level.
Stocks fall on higher volume--3 distribution days for nasdaq and S&P 500. Once gold and broad market sell off together a good short term trade will be Horizons Beta Pro Gold Bear Plus Fund http://www.hbpfunds.com/gbepf.as
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