Friday, August 6, 2010

3 Charts and a Happy Friday!

I just have 3 charts today, all of the Dow Jones Industrials.  Just a snapshot of where we are in history.  My position on other assets (gold, silver, USD, oil, etc) remains the same;  We are either in the earlier stages of a major decline (silver, gold, oil), or starting major trend turning points, both bearish and bullish (Dow, S&P500, $USD, Euro).






Something to contemplate.  Have a great weekend everyone!

Derek.