Thursday, August 19, 2010

DJIA
open 10,411.15
close 10,271.21 down 144.33
day high 10,411.15
day low 10,216.19
today's volume 227,741,208
3mo avg. daily volume 215,243,458
DJTA
open4,316.48
close 4,216.82 down 103.23
day high 4,316.48
day low 4,166.60
today's volume 18,153,990
3mo avg. daily volume 20,406,126
 
Although volume is nothing to write home about, it has trended back above it's 3 month average, and that is consistent.  The down days are more popular than the up days and that continues to suggest that something is looming to feast on the bulls.  Although the daily market gambles would probably suggest a rebound tomorrow, and possibly higher than our decline was today, it really doesn't matter.
Gold is an enigma.  Where is our correction?  Will it wait for the $1,300's.  It doesn't matter I'm still a buyer, and if it corrected from here, I'd just buy more.

All for today, I've said enough this week already.

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