Tuesday, October 5, 2010

Gold

Will be shorting Gold in a few just watching the chart carefully

BAC

Today's news BAC announced they will no longer we offering loans through third party brokers. I think this is another sign that housing will be stuck in the mud for awhile. More foreclosures, more layoffs, nothing in the near future to help housing not even a $15000 tax break would do much.

Gold

Next stop looks like $1350