Friday, October 30, 2009

REMEMBER TO SET YOUR CLOCKS 'BACK' ONE HOUR THIS WEEKEND

YOU GET AN EXTRA HOUR OF SLEEP
OR WILL BE EARLY TO CHURCH ON SUNDAY
IF YOU FORGET

DOW DOWN 230

EURO, OIL FALLING
BONDS, YEN RISING
DOLLAR FELL, BUT MOVED UP AGAIN
BUT NOT TO ITS HIGHS

GOLD SHOULD MOVE LOWER


DOW DOWN 180
OIL, EURO DOWN
BONDS, YEN UP
GOLD GOING DOWN

GOLD KEEPS MOVING LOWER



DOW DOWN 130
EURO FALLING
OIL FALLING
BONDS, YEN MOVE UP
DOLLAR HIGHER

LOOKS LIKE GOLD WILL BE MOVING LOWER


STOCKS, OIL, EURO HEADING LOWER AGAIN
YEN UP
DOLLAR HIGHER

WHAT A WILD REACTION IN BOTH DIRECTIONS




GOLD SELLS OFF, THE EXPLODES EVEN HIGHER,


NOW GETS BEAT BACK DOWN.


TALK ABOUT VOLATILITY


I BET THERE ARE LOTS OF TRADERS THAT ARE


SCREAMING RIGHT NOW

DOLLAR RISING, BUT OTHER MARKETS ARE MOVING IN CONTRADICTION, HARD TO TELL WHAT GOLD WILL DO


GOLD MOVING UP ON LIGHT VOLUME BUT COULD
FALL BACK ON STRONGER DOLLAR.
THE OTHER MARKETS ARE NOT THAT STRONG IN
FAVOR OF GOLD RIGHT NOW

GOLD FALLS TO THE YELLOW BOTTOM DOWNTREND CHANNEL LINE, MAY NOT HOLD HERE EITHER


STOCKS, OIL, EURO ALL STARTING TO FALL FAST
BONDS, YEN TURN BACK UP
NOT SUPPORTIVE OF HIGHER GOLD

GOLD FINDS SUPPORT ON THE BLUE UPTREND CHANNEL LINE, BUT IT WON'T HOLD




ABOUT 100 BUYERS AT 1042, BUT GOLD SHOULD

FALL RIGHT THROUGH THEM AND MOVE LOWER

GOLD FALLS TO A BLOCK OF BUYERS AT 1042 AREA, RALLIES TO THE LAST HIGH, THEN FALLS BACK


THE SHORT MANIPULATORS DON'T WANT A REPEAT OF \

YESTERDAY'S RALLY AND SHOULD BE HITTING GOLD HARD

TODAY

5 MINUTE DECEMBER DOLLAR CHART (delayed prices)


DOLLAR MOVING UP, SHOULD PUSH GOLD DOWN
EVEN THOUGH STOCKS, EURO, YEN, OIL, BONDS
ARE ALL INCHING UP RIGHT NOW