Many bad news

European financial miseries, Japan got another shake, US government paralysed, Australian government behaving like Cuba, Middle East unrest, DJI falling...

In the midst of all that, the price of oil and gold are up. It is not going to be a good day at the markets but at least my oil and gold stocks are not going to suffer as much. Sentiment is always more important than logic in the short term.

For me, it is a good day to buy but I will wait unless there is a bargain.