Tuesday, December 09, 2008

20081209 AM, oil CVG

Silver and gold are moderately lower. If gold will move higher this month, today it should hold the gains from yesterday. If gold gives back the gains from yesterday then it will show weakness (or lack of strength to move higher).

Within a few weeks looking for:
DOW 9500
SP500 970

Oil traded up yesterday. If it trades lower this morning, use this opportunity to buy.
DIG 27.35. Ultra Oil & Gas ProShares

CVG 6.35. 52 week range 4.02 - 17.94. Looks interesting for a longer-term buy in the telco billing area.

No comments: