Techs and semis/market trying to bottom but going into the weekend is going to be dicey given the geo-political events out there. Was tempted to make a few trades today, but so far resisting the urge. Still too much of a coin flip. Gold holding strong on the back of strong oil prices, but as usual shares are for the most part lagging given that it's coming from political instability vs economic. Watching to see if HUI 335 falls today or tomorrow. Could really go either way since if oil makes new highs I expect gold to follow. Not sure about the shares. Still have some DROOY and NG, but that's it in PMs. Still holding some BLDP and the rest is cash. Were it not for oil, India, Isreal and Iran I suspect gold would be $25-40+ lower right now. If gold can crack 660-665 area I suspect it'll run back to 700+ again ST. May try to pick up some PM laggards if that happens otherwise suspect I'll be able to buy at 310-315 (or lower) prior to this fall.
Down volume was about 70% yesterday and 90% earlier this morn, but back to 70% again now. Like the fact that the markets gapped lower both days in terms of trying to find a bottom sentiment wise ST, but not enough by itself to trade.
