A MERE BLIP
Friday, January 15, 2010
240 MINUTE MARCH 2010 YEN CHART (delayed prices)
YEN AND BONDS SEEM TO MOVE TOGETHER
WHEN THEY GO UP, IT DOES NOT SUPPORT HIGHER GOLD
240 MINUTE MARCH 2010 T BOND CHART (delayed prices)
BONDS MOVE HIGHER FOR NOW
WILL COLLAPSE EVENTUALLY
GT's SLEEP DEFICIT CATCHES UP WITH HIM AGAIN
MY LACK OF NEEDED REM SLEEP HAS BEEN CATCHING UP WITH ME.
I RESTED MY EYES AGAIN THIS MORNING AND DIDN'T WAKE UP
UNTIL ABOUT 3PM PST.
REMEMBER, I WATCH THE MARKET AROUND THE CLOCK
CATCHING NAPS HERE AND THERE.
SO, BY THE END OF THE CRIMEX SESSION, I AM JUST ABOUT
PLAYED OUT BY THAT HOUR.
IT ALL ACCUMULATES SO THAT BY THURSDAY AND FRIDAY I'M
READY TO COLLAPSE AND SPEND MY SATURDAYS RECHARGING
AND USUALLY HALF OF SUNDAY TOO ONLY TO START IT ALL
OVER AGAIN ON THE SUNDAY EVENING GOLD OPEN AT 3PM PST.
I RESTED MY EYES AGAIN THIS MORNING AND DIDN'T WAKE UP
UNTIL ABOUT 3PM PST.
REMEMBER, I WATCH THE MARKET AROUND THE CLOCK
CATCHING NAPS HERE AND THERE.
SO, BY THE END OF THE CRIMEX SESSION, I AM JUST ABOUT
PLAYED OUT BY THAT HOUR.
IT ALL ACCUMULATES SO THAT BY THURSDAY AND FRIDAY I'M
READY TO COLLAPSE AND SPEND MY SATURDAYS RECHARGING
AND USUALLY HALF OF SUNDAY TOO ONLY TO START IT ALL
OVER AGAIN ON THE SUNDAY EVENING GOLD OPEN AT 3PM PST.
STOCKS STAYING DOWN 110, EURO UP SLIGHTLY
GOLD MAY DROP AT ANY TIME AS UP VOLUME IS
WEAKENING AND THERE IS PROFIT JUST MADE ON
THIS LAST RALLY THAT NEEDS TO BE TAKEN
EURO RISES, GOLD FOLLOWS, STOCKS OFF 110 POINTS
GOLD IS NEAR THE NEXT RETRACE POINT AND SHOULD
PULL BACK THERE A BIT BEFORE MOVING HIGHER
UNLESS IT GETS BOMBED AGAIN BY THE BULLION BANKS
GOLD RALLIES VERY CAREFULLY BUT STEADILY TO THE 1ST 75% RETRACE POINT
EVEN WITH STOCKS AND EURO NOT RALLYING
GOLD IS STILL CLIMBING. A GOOD SIGN
AT LEAST IT DIDN'T COLLAPSE LOWER. ANOTHER
GOOD SIGN
GOLD FORMING A LITTLE LEDGE TO FALL FROM
THE QUESTION IS:
HOW FAR AND FAST CAN GOLD RALLY UP FROM THIS LOW?
STOCKS, OIL, EURO RISING, GOLD STARTING TO MOVE HIGHER
GOLD IS WORKING HARDER AT RISING THAN I'VE
EVER SEEN BEFORE, ESPECIALLY WHEN THESE OTHER
MARKET ARE RISING TOO.
LOTS OF SELLING PRESSURE COMING IN FROM THE
BULLION BANKS AND THE PPI SUPPORTING THE DOLLAR
HOLIDAY TRADING SCHEDULE FOR FRIDAY AND MONDAY
http://www.cmegroup.com/tools-information/lookups/advisories/clearing/files/Chadv10-11.pdf
GOLD WILL TRADE FRIDAY AND MONDAY ON A SHORT TIME SCHEDULE
SEE THE YELLOW HIGHLITED PARTS
GOLD WILL TRADE FRIDAY AND MONDAY ON A SHORT TIME SCHEDULE
SEE THE YELLOW HIGHLITED PARTS
MORNING REPORTS: CPI AND CPI CORE INDICES ON THE HALF HOUR
CONSUMER SENTIMENTREPORT AT 10AM EASTERN TIME
GOLD STILL WITHIN THE BLUE UPTREND CHANNEL
GOLD HAS BROKEN OUT OF THE THIN WHITE LINED
DOWNTREND CHANNEL AND IS MOVING HIGHER OFF
THE LOWS OF THE OVERNIGHT SESSION
THE 2ND LEG UP HITS A 75% POINT AND PULLS BACK
AS WE GET CLOSER TO THE CRIMEX OPEN
IT WILL BE LESS LIKELY FOR A RALLY HIGHER AS
THE GOLD BASHERS WANT TO KEEP GOLD LOWER
