Waiting for the Fracture
What we are talking about is the point at which we see stocks collapse and Gold and T-Bonds rise dramatically, all in a short period of time, together.
In talking to Bill last night, he said it is highly unusual for the scenario described yesterday, to see a run through the breakout level, 2725.11 in this instance, and then close below it. Usually the market runs to the upside when it breaches the breakout level. The confirmation that he is looking for now, is a day when the S&P spends the whole day under 2725.11.
We are living in unique times, but we all know that already.