We caught a slice of hell during this session, since an E-Mini short that had been recommended as a tout was in the process of getting stopped out just above our entry price. Segueing to a Dow chart, we were able to see why no bear in his right mind can afford to be short the broad averages right now, other than for purposes of day- or swing-trading. Poring over some Comex Gold charts, we found signs of underlying strength, though no compelling reason for being wildly bullish.
