Is Gold Ready to Glitter? (Outlook, Chart)

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June Gold, Bar, Chart


Gold has a tendency to be seasonally week from March through August. As a result, it is always risky to speculate in gold during this time frame.

In April, we wrote that gold was likely to test the 865 - 875 area. This happened, the market held, and made a very nice double bottom. This is now an area of major support.

Right now gold is running into resistance in the 827 area.

Any close over 827.50 would indicate that gold is ready to move higher.

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100 Million Adults Touched by Alzheimers

Astounding. More information at the Alzheimer's Reading Room.

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Alzheimer's Reading Room: 100 Million Adults Touched by Alzheimer's

Nasdaq Composite 15 Year Perspective --Going Nowhere Fast (Chart)

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clipped from efhutton.blogspot.com Sometimes it is helpful to look at the market from a long term perspective. I think most believe the current bear market is new. However, the long term view indicates we have been in a bear market since the Nasdaq Composite topped out at 5,132 in March, 2000.

HBO The Alzheimer's Project Open to all Cable Subscribers

clipped from www.alzheimersreadingroom.com HBO is opening  The Alzheimer's Project  to all cable subscribers. Got cable? Find the HBO channel and you are good to go starting May 10. Want a free copy of The Alzheimer's Project DVD? Subscribe to the Alzheimer's Reading Room and then go here to find out how to do it.