MARKET PREDICTION FOR MONDAY 8/18: A BIG SURGE, AKA: "The Saddleback Effect"

PREDICTIONS:

• Oil will drop.
• So will gold.
• The dollar will surge.
• So will US stock markets.

WHY?

The Saddleback Effect.

That stands for the realization that McCain proved, at Saddleback, he can kick Obama's butt.

That means he can win.

And will.

That means more energy exploration... and NO NEW TAXES.

And it means our allies can depend on the USA.

The money will pour in now - relieved that Obama will lose.

I feel that OIL will dip below $109/barrel. GOLD will be proportionally down, too. And the dollar up proportionately. The DJIA will be up 150.

TODAYS' ECON DOINGS HERE AND HERE.