Dow Jones Industrial and SP500 both have formed Doji on the daily and the indicators are suggesting to part book profits for those who were long. Anyways we have an FOMC meet/ annoucement today which possibly may swing the market in any direction. So we are light on our positions right now.
As far as Gold and Silver are concerned --- they are approaching the oversold zone in the bull run and are at very good points to accumulate the same.
For anyone interested in tracking the prices history of gold --- one can see this graph I found at Financial Graph and Art site....
To conclude --- the recommendation is to take profits on longs in DJIA and SP500 and accumulate precious metals...
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