Market update

Wow here are flashback stats from Aug 2011.    Compared to  16 Mar 2012

NYSE      11,444                                                  13,233
Nasdaq     2,532                                                      3,055
S&P500    1,999                                                     1,404
Oil 87.26                                                                107.16
Gold  at 1,663oz                                                    1,661oz


The top 4 seem a little top heavy. Where gold is in the same spot it was then.
I think oil may trade  b/t 104 and 109 short term.
Stocks will be getting a correction at some point and where do you think gold will head at that point?






*I would like to note that I will tell folks what direction I think the trend of markets is in or is headed.
Most of my positions are straddles so both sides of the position are covered. Whether the move heads up or down.
Movement is the key.
The markets of today move a lot.  
Make sure you are protected.

Happy trading

Shawn Ravenscraft