Wednesday, January 27, 2010
5 MINUTE MARCH 2010 DOLLAR CHART (delayed prices)
DOLLAR NOT GIVING MANY HINTS AS TO WHAT
WILL HAPPEN TO GOLD
BERNANKE, GEITHNER ABOUT TO TESTIFY
rEMBER...
tHE GUV'MINT ALWAYS MAKES THE MARKET LOOK GOOD
WHEN THEIR PEOPLE SPEAK
SO GOLD SHOULD GO DOWN AND DOLLAR SHOULD GO UP
tHE GUV'MINT ALWAYS MAKES THE MARKET LOOK GOOD
WHEN THEIR PEOPLE SPEAK
SO GOLD SHOULD GO DOWN AND DOLLAR SHOULD GO UP
GOLD MAY BREAK OUT OF THE RED DOWNFLAG TO THE UPSIDE, BUT I THINK IT'S GOING TO MOVE BACK DOWN LOWER
EURO IS TURNING DOWN
BUT STOCKS ARE CLIMBING WELL RIGHT NOW
DOLLAR IS STILL HIGHER
THE BULLION BANKS ARE GOING TO KEEP
BASHING GOLD DURING THE CRIMEX SESSION
ESPECIALLY WHEN IT RALLIES WELL AGAINST
A RISING DOLLAR
5 MINUTE MARCH 2010 EURO CHART (delayed prices)
EURO DOESN'T LOOK STRONG TO ME, SO NOT FOR
GOLD EITHER
GT WILL BE POSTING LESS FREQUENTLY AS I HAVE TO PHONE IN MY ORDERS NOW WHICH TAKES MORE TIME
I CAN'T TRADE AND POST CHARTS AS FAST BECAUSE
IT DETRACTS FROM MY TRADING, SO CHARTS WILL BE
A LITTLE SLOWER AND LESS FREQUENT THAN USUAL.
IT DETRACTS FROM MY TRADING, SO CHARTS WILL BE
A LITTLE SLOWER AND LESS FREQUENT THAN USUAL.
GOLD JUMPING UP AND DOWN ERRATICALLY BEFORE THE CRIMEX OPEN
REMEMBER...
THIS IS A ROLLOVER PERIOD WITH TRADERS SELLING
FEB GOLD AND BUYING APRIL GOLD, OR THE REVERSE
FOR THE IDIOTS. TRADING CAN BE LIVELY AND MAKE
LITTLE SENSE, ESPECIALLY WITH THE FOMC REPORT
LATER TODAY WHEN THE MARKETS CAN MOVE SO
CRAZILY THAT EVEN ELECTRONIC TRADERS ARE IN
A TOTAL CRAP SHOOT TRYING TO PLACE ORDERS
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