Looks like someone was laying in wait: 80,000 shares in the last 30 min to push us through the silliness of the day. Seems familiar for us longs that can remember the early days. I wont say what is familiar because it seems when I say this I get that with the jrs.
Side note: A good percentage of the time the dow tanks for a couple of Gold drops just as sharply, then the blame is liquidation of gold to cover margin calls. We are not see that in this decline of the DOW. However it seems the PM Share were anticipating it. over the long term gold is moving inverse to the Dow.
http://stockcharts.com/h-sc/ui?s=$IN...
Take care and have a safe weekend
Reg Mills