an tSionna {Gold}

Gold!!!  {Via the ETF GLD}  Is this a double bottom forming?  Hard to tell but gold did experience a reversal yesterday.  I'm no gold bug.  I have small positions in this in a few of our strategies as a play on commodities.   It's over sold in all of our money flow measures we follow as well.  This merits watching.  A pick up here might signal an improvement in some overseas economies which would be good.  It could also signal a foreign crisis or perhaps other issues in the EU which would be bad.

*Long GLD in certain client accounts and strategies.

As a side note I will be out tomorrow.  Next post here will be Thursday.