Democrats: Stimulus plan no quick fix for economy
Democrats warn that economy will continue to slide, even with big infusion of government aid
Without a quick and decisive plan by the Obama administration, the markets are going to have ZERO confidence that anything is going to change.
Now some better news....
The GOLD sector has broken out of resistance on high volume and a few of the gold companies are looking poised for a possible breakout:
GLD (the GOLD ETF):
NEM - breaking out on nice volume
ABX - close to breaking through resistance
AU - Close to breaking out also with BIG volume Friday
Trade well,
Trader D
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