Wednesday, September 30, 2009

3rd quarter ends with a bang

Wow, what a wild ride today. I want to attribute some of the wide moves to end of quarter window dressing, but can't back that up with facts and figures.

Gold has a huge $15 up day, seemingly mostly on the back of weakness in the dollar. I am tempted to get back in GLD, buying strength and selling weakness as I often do.

This is the best quarter for the stock market since 1998.

Long SPY

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