A lot of indices are going to close above 50 SMA, and there will be renewed interest in buying this market from the sidelines.
If we don't finish above resistance, we'll probably finish at it. We'll rely upon overseas markets to gap us above resistance, or not.
Unbelievable! All those traders at Cobra's message board with their trend lines, moving averages, ellipses, etc, they missed the most obvious trend line.
The important part is to buy gold but buy MORE stocks. I would say a 1:2 ratio between gold and stocks. That way, the portfolio is hedged from inflation and deflation.