My gold short thank god is now doing very well, it was pretty scary there, and the ES, well, the calibrator has been good. And the Euro JPy has been great. Sorry I haven’t conversed yet Red. Been trying to get back into playing shape again this summer. Every time it gets a little harder.
Gold should be a buy again Friday morning. With QE3, gold should still rally on a more worthless dollar. Without QE3, the stock market will crash and Gold will rally because it’s a safe haven. Either way, Gold should rally!
Well, we are rallying a little now gang. I’m starting to think that we will rally and/or trade sideways until Friday when Bernanke speaks. At this time I have no position. I will likely go short (assuming the charts are nice and overbought by then) before he speaks at 10am on Friday, or possibly Thursday at the close? The charts say we should rollover late Wednesday, but my gut tells me they will hold the market up until Friday.
I don’t think we are going to get much of a rally now, but instead just some sideways chop to put in a bear flag for Friday we Bernanke says nothing about QE3 and the market sells off again.
My gold short thank god is now doing very well, it was pretty scary there, and the ES, well, the calibrator has been good. And the Euro JPy has been great. Sorry I haven’t conversed yet Red. Been trying to get back into playing shape again this summer. Every time it gets a little harder.
Comet Honda… LOL! What a strange name for a comet.
SLV Trend update: http://niftychartsandpatterns.blogspot.com/2011/08/slv-trend-update.html
Gold should be a buy again Friday morning. With QE3, gold should still rally on a more worthless dollar. Without QE3, the stock market will crash and Gold will rally because it’s a safe haven. Either way, Gold should rally!
I did some work last Thursday on Comet Honda possibly causing earthquakes, check it out.
http://oahutrading.blogspot.com/2011/08/comet-honda-causing-earthquakes.html
This is likely another attempt by the Illuminati Gangsters at the New Madrid fault line. They want a major disaster to blame the coming crash on!
Major earthquake in Virgina… HAARP at work!
http://earthquake.usgs.gov/earthquakes/recenteqsww/Quakes/quakes_all.php
ES Near Range Top: http://niftychartsandpatterns.blogspot.com/2011/08/s-500-futures-morning-update.html
Well, we are rallying a little now gang. I’m starting to think that we will rally and/or trade sideways until Friday when Bernanke speaks. At this time I have no position. I will likely go short (assuming the charts are nice and overbought by then) before he speaks at 10am on Friday, or possibly Thursday at the close? The charts say we should rollover late Wednesday, but my gut tells me they will hold the market up until Friday.
I don’t think we are going to get much of a rally now, but instead just some sideways chop to put in a bear flag for Friday we Bernanke says nothing about QE3 and the market sells off again.