Wk8: Market Recap
While the media focuses on the Dow, a more accurate gauge of market action is the S/P due to the fact that it is a barometer which contains 500 stocks versus the 30 in the Dow. We have to remember that the market prices in the emotions of traders and investors because it is in essence a balance of greed and fear. Gold continued its bull run touching $1000 an ounce on the London board. Any pullback into the 90…