Tuesday, June 14, 2011


Click to enlarge @&**  No I don't see a lower band of price until 1249 gives way. VIX just pierced 19, hardly the FEAR IN SELLING we would LIKE to see to put some cash to work IMHO.Prices have been falling more from a LACK OF DEMAND then INCREASE IN SUPPLY....bear markets grow fed by increasing SUPPLY....at a time of weakening demand, the 2 together make for wicked price declines.....we have ONLY half equation now.


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