Gold

Gold just broke to the downside piercing a multi-year uptrend line. Next support is the 200-day moving average of $540 where I will probably be a buyer. Here is the chart:



BTW - Georgia Gulf decided to buy a company twice as large as them (idiots) so their stock is down 30%+ and the position is blown out to $0 after being up as much as $6K!!!! I am coping and it looks like my PUTS on AVB and PMI may bail me out yet. Still GoldCorp is also blown out and the bear is rearing its head big time.

Regards,

BG