I'm hoping it doesn't recover this afternoon. I'm moving half of my 401(k) back into equities at COB today. This is an election year. Obummer isn't going to let this collapse go on much longer without putting up SOME sort of a fight.
It looks now as if we're approaching a key support point - 12,250. If it fails, the Dow will quickly drop almost another thousand points. (Which is why I'm only putting HALF the money in.)
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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