massive broadening formation on the bank index, page-23

Love that Jimmy man - lots of fun. But he is right on one thing. If they sit on their behinds (Fed reserve and US government) and dish out the rubbish they have been doing so far, they could be on the verge of a 1929 crash followed by the "greater" depression. Perhaps they will get a shock rate cut soon but this will only postpone the avalanche of sells who are now in this fear mode - "GET ME OUT!" The market is now too easily spooked by more bad news. Perhaps they will get their .5 – 1 % rate cut just in time. Heaven help us if the Fed only does a .25 cut. That would be such a disappointment and a sure signal the DOW will crash given the current market sentiment. Either way, gold appears to be the only sure thing to invest in at the moment.