With today's heavy volume and not the sell off the market should have experienced with this kind of action we will see a short term bottom in the next couple of days. Gold has sold off over the last couple of trading days so there are two safe haven for cash left, Treasuries and the US dollar. If we see the US dollar and treasuries sell off in the next couple of trading days that will allow a huge amount of cash to flow into the stock market. The first spark will be the short sellers covering then the new buyers will enter to establish a bear market rally for a the next couple of weeks.

Happy Trading.

Breakout Trader

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Comment by David Mark Okeh on January 20, 2010 at 6:18am
Commodity----gold dust and gold bar
Purity-------93.5% or better
Quality----22carats plus
Price------$20, 000USD per kilo
David Mark

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