Tuesday, November 17, 2009
BONDS PLUNGING NOW FROM PPI REPORT, GOLD MOVING HIGHER
GOLD BEING HELD DOWN, MAY SPIKE SOON IF THE
SHORTS LOSE CONTROL
PPI REPORT CAUSE CONVULSIONS IN THE BONDS AND CURRENCIES AS PPI RISES
GOLD DOESN'T CONVULSE BUT IS MOVING A BIT LOWER
CONTRARY TO LOGIC
BONDS, YEN BACK DOWN, OIL MOVES HIGHER, STOCKS UP A BIT, EURO FLAGGING
GOLD MOVING HIGHER IN SMALL PULSES
BONDS UP, YEN DOWN, EURO PULLING BACK, OIL PULLS BACK A BIT, STOCKS STILL CONSOLIDATING
GOLD HOLDING WELL AND ATTEMPTING TO MOVE UP
BUT VOLUME IS NOT STEADY WITH PULSES OF MODERATE
VOLUME, THEN ALMOST NOTHING.
OIL MOVING UP, EURO UP A BIT, STOCKS FORMING A FLAG TO MOVE UP, GOLD BATTLING ON THE OPEN IN A SMALL PULL BACK
GOLD COULD TAKE OFF SUDDENLY AS THIS OPENING
HIT IS NOT VERY EFFECTIVE
VERY WEAK RALLY ATTEMPT BUT THE LOW SHOULD HOLD
STOCKS, EURO BOTTOMING
OIL NOW UPTICKING
ANY GOLD RALLY SHOULD OCCUR FROM HERE TO
THE CRIMEX OPEN, OR ON IT.
STOCKS, OIL, EURO BEGINNING TO TURN BACK UP AFTER FALLING A GOOD DEAL
GOLD SHOULD BEGIN A GOOD RALLY ABOUT NOW
COULD BE A HEAD AND SHOULDERS PATTERN AND MOVE LOWER
GOLD NOT SHOWING MUCH STRENGTH AT THIS HOUR
BUT MAY RALLY VERY SOON AHEAD OF THE CRIMEX
OPEN. THIS HAS BEEN A VERY GRADUAL 75% TAKE BACK
OF THE RUN UP OF YESTERDAY ON LIGHT/MODERATE
VOLUME INSTEAD OF A RAPID SELL OFF AND SHOUL
BE READY TO MOVE BACK UP
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