Nasdaq 2000 Price Collapse versus May 2010 SP500 Price Collapse …

May 15, 2010   //   by Admin   //   Sell Scrap Gold  //  Comments Off

It was not blow out volume but it was enough for me to sense that it could build into a climax volume with more price destruction. Also the Euro is in a stance where it could spike lower and gold could spike higher to 1300 to 1400 an ounce in a matter of days. … Part of the reason for my lack of conviction in a super high speed crash at this point is simply because I think a lot of capital is sloshing into the USA from Europe which will temper our decline. …

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