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Frank Pembleton

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Frank Pembleton

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Re: Frank Pembleton post# 18314

Friday, 02/13/2009 3:24:54 PM

Friday, February 13, 2009 3:24:54 PM

Post# of 19037
I'm wondering when and at what price I take the SPX short again--gold has been a great contrarian indicator but has been rather quiet here today, and my favorite gold index is nearly in a coma--actually, so is the SPX.

Bear markets are notorious for having bad Fridays and even worse Mondays, but what do I do here in the last hour...?

hmm...

the daily on the SPX screams short... and the daily on the XGD screams caution.

...again, this breeds more indecision...

cash...?


FP........................................................

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