February 06, 2006

Gold at 575!

Commodities like stocks can get too hot. i think we are close to them getting too hot. I would not short, but would lighten the load here as lower prices should be had in the months ahead.

They are benefitting from good and bad news and act like they will never go down. That is how Google looked at $470 and Apple looked at 80. Both have fallen 20 plus percent from their respective highs.

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