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July 25, 2010 / Jeb

Is the Flash Crash Correction Over?

Here is a chart analysis of the SP500 as of 7/23/10.

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3 Comments

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  1. Laurence / Jul 27 2010 12:02 am

    I’m not convinced of this move up either

  2. Heidi / Jul 29 2010 6:17 pm

    No, not at all just the other way for awhile . I read Martin Armstrong and A .Crawford and we are in a BIG surprises for the early part of Aug., maybe even tomorrow – July 30 already.
    The question is : can gold stocks hold up ? They didn’t in 2008 , why now ?

    • Jeb / Jul 30 2010 12:11 am

      I don’t believe gold will have a similar setback as 08 due to the fact that there has been a global devaluing of money and major sovereign debt issues.

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