Fiends In Stocks

[DeepBlue1]

Jobless claims just came out and that pushed the futures down from the "wait and see" flatline they were hovering at this morning.

So this 8000 level will quickly become a major RESISTANCE line rather than support as we break down below it...unless, somehow, by some miracle or mechanism it manages to hold for the next day or two.

I've sort of given up on trying to understand gold/silver movement for the time being. It's predicated on such a large number of factors that it virtually impossible to make any sense of it or predict the moves.

I'm just playing the DOW itself via leveraged ETFs now.