Tuesday, June 13, 2006

20060613 Tom PM

INDU 10706.14 down 66.44.
SPX 1223.69 down 12.71.
CCMP 2072.47 down 18.85.
Gold 566.7. Down huge today. Did more than 1:1.618 on the way down. Correction is over. Bigger trend had volume at the top, so this is not the end of the move up. Set up to run for 1200.
Silver 9.59.

Financials took a hit.

Bud:
Gold stocks many confirmed ABC down. Every gold stock is different. May be reaction bounce this week.

MTZ 12.56 down .15. Let it test 12.28 from January before buying. May see 11.31.

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