Wednesday, November 4, 2009
FOMC REPORT IN ABOUT A HALF HOUR AT 2;15PM EASTERN TIME, MARKETS COULD GO CRAZY AND FLY UP AND DOWN IN SECONDS
DANGEROUS PERIOD TO TRADE UNLESS YOU HAVE
A REAL DEATH WISH.
GOLD SHOULD RETEST THE LOW BEFORE RALLYING
THIS CLOSE TO THE CLOSE IS A PROBLEM AS GOLD
CAN SELL OFF FURTHER INTO THE CLOSE AS STUPID
TRADERS PANIC AND SELL OUT
GOLD GOES LOWER AS I TYPE THIS
GOLD ACTING WEAKER AS THE CRIMEX SESSION PROGRESSES
STOCKS, OIL MOVING DOWN
BONDS AND YEN LOWER
EURO SORT OF FLAT NEAR ITS HIGHS
GOLD SHOWING LESS ABILITY TO RALLY
GOLD TESTS THE HIGH TENTATIVELY
GOLD COULD SPIKE, BUT I'M NOT CHASING IT
IF YOU ALREADY HAVE LONG POSITIONS, JUST
HANG ON FOR THE LONG TERM
BONDS TURN DOWN, OIL MOVES UP STRONGLY, STOCKS, EURO TURN BACK UP, DOLLAR ON ITS LOWS
GOLD COULD SPIKE HERE,
BUT IT'S A VERY BIG GAMBLE
TO BUY IN THIS HIGH
BETTER TO WAIT FOR A PULL BACK
BONDS AND STOCKS CLIMBING STRONGLY, EURO STALLING NEAR THE HIGHS, OIL STATIC, DOLLAR SLIPPING LOWER
GOLD HOLDING BACK DESPITE THE EURO AND STOCKS
CLIMBING AND DOLLAR SLIPPING
THERE HAS TO BE A LOT OF PRESSURE ON GOLD BY
THE SHORTS
CLIMBING AND DOLLAR SLIPPING
THERE HAS TO BE A LOT OF PRESSURE ON GOLD BY
THE SHORTS
GOLD MAY BE GETTING READY TO SPIKE ON SHORT COVERING
DO NOT CHASE THIS MARKET HERE
ONE LONG CONSOLIDATION PATTERN, WHITE CHANNEL RESOLVES UP, BLUE DOWN
EURO MAKING NEW HIGHS
STOCKS CLIMBING
YEN HIGHER
BONDS UP A BIT
OIL SORT OF MOVING UP
DOLLAR SLIPPING LOWER
WHO KNOWS? GOLD COULD TAKE OFF HIGHER
JUST BE CAREFUL AND TAKE PROFITS FAST
STOCKS, OIL UP WEAKLY, EURO NOT ABLE TO PULL GOLD UP, DOLLAR RISES A BIT OFF ITS LOWS
GOLD STILL TRADING IN A VERY TIGHT RANGE
COULD BREAK EITHER DIRECTION DEPENDING ON
THE OTHER MARKETS. EVERYTHING TRADING
TIGHTLY AND VOLATILY. VERY HARD TO POST
GOOD CURRENT INFO
BONDS RISING, STOCKS, OIL FALLING, DOLLAR MOVING LOWER
THESE MARKETS ARE CONTRADICTING ONE ANOTHER
GOLD SEEMS TO NEED TO MOVE LOWER ON PROFIT
TAKING AND LACK OF STRONG MOMENTUM UPWARDS
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