Gold looked like it was going to cave in, but instead it reversed course. Gold is suddenly back above the moving averages and ending the week on a very strong note.
Apple is not merely an institutional favorite, it is crucially important to the the grand illusion that a global financial system headed inexorably toward collapse will continue to muddle along.
Maybe get a bottom today, or FOMC on Wednesday but watch out for options expiration on Friday. Either way, we have all the signs that we are near the bottom.
