Thursday, October 1, 2009
DAILY CHART OF THE DOLLAR
THIS IS THE REAL PICTURE OF THE DOLLAR
ANY LITTLE RISE LASTS A FEW HOURS AT MOST BEFORE
IT FADES AND MOVES LOWER AND LOWER
THIS SELL OFF IS NOTHING MORE THAN BULLION BANK SELLING TO KEEP GOLD DOWN WHILE BERNANKE SPEAKS TODAY
GOLD HAS RETESTED THE LOW AND SHOULD MOVE HIGHER NOW
THE DOLLAR HAS NOT RISEN ALL THAT MUCH
BUT STOCKS ARE DOWN 150 AND OIL AND THE EURO ARE DOWN
BUT IT'S ALL MANIPULATION
GOLD WILL BE RIGHT BACK UP TONIGHT AND/OR TOMORROW
STOCKS DOWN 150, OIL PLUNGING, EURO DOWN
GOLD FALLING WITH STOCKS MAY HOLD AT THE 1001 LEVEL AND RISE
MARKETS MOVING TOO FAST UP AND DOWN TO EVEN POST CHARTS
GOLD'S 2ND LEG UP ON STRONG VOLUME
EURO RISING WELL NOW
STOCKS TURNING UP, OR AT LEAST HAVE BOTTOMED FOR THE MOMENT
STOCKS BOTTOM OUT AT OFF 125, GOLD SHOULD BOTTOM HERE TOO
GOLD STARTS BACK UP, OIL TURNS UP BUT REMAINS VOLATILE, EURO STILL DOWN,
YEN TURNS DOWN, BONDS PLATEAUING ON THEIR HIGHS
STOCKS TURN UP AFTER PLUNGING
BONDS, YEN ROUND OVER, DOLLAR RISES A BIT, STOCKS OFF 125, OIL VOLATILE, EURO MOVES DOWN A BIT
GOLD FIGHTS BACK WELL, COULD RISE TO THE NEXT HIGHER 75% RETRACE
POINT FOR THE MAJOR MOVE DOWN FROM 1021 SHOWN AT 1012.10
GOLD FALLS, SNAPS BACK STRONGLY AS STOCKS FALL 100 POINTS, OIL DOWN AND VERY VOLATILE, EURO PULLS BACK YET GOLD KEEPS FIGHTING BACK
MARKETS ARE VERY VOLATILE BUT GOLD IS SHOWING GREAT STRENGTH
AS IT ABSORBS ALL THE NEGATIVES AND POPS BACK UP ON EVERY PULL BACK
ADD TO THIS, BERNANKE IS BEFORE CONGRESS BUT IS DOING MORE LISTENING
THAN TALKING AS THE REPS ARE ALL BABBLING THEIR USUAL NONSENSE AS
THEY TALK ALL AROUND THE MAIN POINT:
THAT WE AS A NATION ARE BANKRUPT AND THERE IS NO QUICK FIX FOR THAT
BONDS, YEN RISING...EURO, STOCKS, OIL PULL BACK YET GOLD RISES A BIT MORE
GOLD AND THE INDICATOR MARKETS ARE MOVING OPPOSITE TO USUAL LOGIC
BUT GOLD IS SLOWING ITS RISE HERE A BIT.
NEVERTHELESS, GOLD OFTEN WILL MOVE ON ITS OWN AND COULD CONTINUE
HIGHER OR...SIMPLY NOT PULL BACK EXCESSIVBLY, THEN WHEN
THE MARKETS TURN SUPPORTIVE AGAIN, IT WILL RISE EVEN HIGHER
GOLD GOING HIGHER AS OIL MOVES HIGHER, DOLLAR SLIPPING LOWER, STOCKS RISING
GOLD NOT PULLING BACK MUCH AFTER HITTING THE FINAL
75% RETRACE PONT, SHOULD MOVE HIGHER
