Dan, quite possible, but if we do not print above 2000 late next month (and I still do not have 2000 on the Naz till January), then indeed the 1992 we saw on 11/7, was the high for the year. That does not mean this cyclical bull is dead, I thing it has 2000 for early next year and maybe much more. As for the Euro and Yen (and Gold), we could still back and fill (and counter move next week). The fact that gold did not take out $400 in a strom, could indicate that too many "interested parties" are not ready for gold going above $400, or surely not in a break out fashion. The next three trading days in general might be "telling", I have the bottom lurking nearby, if that assessment is correct, gold will correct a little, maybe as much as to $375.... They are going to make us sweat for $400. Used the run to reduce gold from a high of 10% to just 2% today.
