The Generalist

Now THAT’S a crash


A few weeks ago I was worrying over commodities. They had totally crashed (and are still crashing). Friends of mine in the market weren’t worried. All I could think was with gold falling like a rock, the stock market wasn’t going to be long behind. (Dow/Gold Zoom remember?) When the stock market fell 777 ponts (nice number, eh?) they thought the market had crashed. I was thinking, that’s not a crash. What happened in silver, now THAT’S a crash. Well… the market IS following. I feel vindicated. Scared… but vindicated.

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