This is the first of a regular weekly broadcast we'll release every Friday on the market close for you for free. Friday's at 4PM EST.
In the first fifteen minutes I speak with Dave Skarica on the action in gold stocks and chances of a gold stock bottom here. When we last did a recording in the beginning of December we were both bullish on gold, but told our premium members to look for a correction soon after the recording. Now I wonder what he thinks.
After I talked with him I spoke with Andy Emerson, who writes in the WSW Premium members area about the market correction. We both think a bounce is likely to occur soon, but after that we expect we'll see another move down before a final bottom comes in. Andy sold out two weeks ago before the stock market started to drop.
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Links:
[1] http://s3.amazonaws.com/ezs3-07fe5200-1422-1d54-b18490029e76bad0/podcast/wsw012210.mp3
[2] http://feeds.feedburner.com/Wallstreetwindow-audio