Friday, October 10, 2008

Dow in Gold terms, holdings.

It looks like the Dow has IN REALITY done a serious decline. The actual drops NOW are big in dollars but small in gold. Gold wise I am in the Kinross warrants, and some NGD.

My core holdings now are UFI, LZB, BXC. Energy holdings are GST, GSX, KRU, XLE.

Good Luck To All,



Below is a direct Cut and Paste from Yahoo Finance @ 9:44 EDST. Does it look like a panic, a rout ?

Above is a chart of the DOW divided by $GOLD. Seems to me, at least in Japanese Candlestick Theory, that Reversal Formations occur at the end of a trend. I do believe that this chart shows the trend clearly, for me at least.

In the links later today I will add my CORE holdings, plus one or two kickers in energy and precious metals. Oh yes, I have been hammered along with everyone else.

ATX 1,931.45 9:28AM ET Down 229.91 (10.64%) Components, Chart, More
^BFX BEL-20 2,070.88 9:41AM ET Down 170.00 (7.59%) Chart, More
^FCHI CAC 40 3,105.92 9:28AM ET Down 336.78 (9.78%) Chart, More
^GDAXI DAX 4,397.94 9:28AM ET Down 489.06 (10.01%) Chart, More
^AEX AEX General 254.36 9:41AM ET Down 27.61 (9.79%) Chart, More
^OSEAX OSE All Share 287.20 9:28AM ET Down 23.53 (7.57%) Components, Chart, More
^MIBTEL MIBTel 15,362.00 9:41AM ET Down 1,157.00 (7.00%) Components, Chart, More
^IXX ISE National-100 77.76 Sep 22 0.00 (0.00%) Chart, More
^SMSI Madrid General 960.05 9:40AM ET Down 106.05 (9.95%) Components, Chart, More
^OMXSPI Stockholm General 195.52 9:43AM ET Down 13.03 (6.25%) Chart, More
^SSMI Swiss Market 5,320.17 9:41AM ET Down 478.67 (8.25%) Chart, More
^FTSE FTSE 100 3,924.73 9:28AM ET Down 389.07 (9.02%