Last week, the market broke through the support that it has been holding for 7-8 weeks. The Dow closed below 12,000, at 11893.69, down 372.7 points for the week. SPX closed below 1300, at 1293.37, down 37.26 points. Nasdaq fell 58.99 points, closing at 2212.49.
SPX
SPX lost 10.97 points to close at 1293.37, […]
Another crazy week. This time with the market breaking down in the latter part of the week.
Last weekend, in my Market Forecast, I said,
“For the new week, unless there are some “super” positive news (such as the bond insurers coming through with great solution plans), the market looks to be in a tough spot. […]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
 |
