![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
Time to look in the other direction—at least for short-term bounce?
Jack Crooks (October 7th, 2008) Writes:
Key News• Australia's central bank cut its benchmark interest rate by one percentage point. (Bloomberg)
US Economic Events (WSJ):7:45a.m. ICSC Chain Store Sales Index For Oct 4: Previous: -0.2%. 8:55a.m. Redbook Retail Sales Index For Oct 4: Previous: -1.3%. 2:15p.m. Sep 16 FOMC Minutes 3:00p.m. Aug Consumer Credit: Expected: +$6B. Previous: +$4.6B. 5:00p.m. ABC/Wash Post Consumer Conf For Oct 4: Previous: -41.
Quotable “Why are markets turbulent? I am a scientist, not a philosopher; so I can only hazard some suggestions. One possible source is the world outside markets—what economist call exogenous effects. After I had, in the early 1960s, focused on scaling and long-term dependence, key traits of turbulence, I soon found innumerable other examples in many natural phenomena; these phenomena, in turn, may impress a corresponding pattern on prices. For instance, I have found characteristic scaling patterns, from many small items to
...ABC, Australia, Benoit Mandelbrot, central bank, Central Europe, Financial, FX Trading, globe—oil, little software houses, microsoft, oil fields, South Africa, Switzerland, USD, www.blackswantrading.com/members
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.