GLD is looking good. A re-count controversy could take gold up. gold looks at a low right now, so little to no risk with an obama win, but with a romney win, brings in a more hawkish fed, so gld would rally on a romney win or a re-count controversy. If Obama is in, GLD is at a bottom, doubt it goes down much….pretty safe play for now
Good Morning gang…. today is an “eleven” day and many (not all) important tops are put in on these days. The main stream media (MSM) is very bullish regardless of which puppet demon wins the election. You do know that they are paid to mis-lead the sheep?
Any thoughts on commodities and the election?
New post Bill… repost this please as it’s my thoughts too.
GLD is looking good. A re-count controversy could take gold up. gold looks at a low right now, so little to no risk with an obama win, but with a romney win, brings in a more hawkish fed, so gld would rally on a romney win or a re-count controversy. If Obama is in, GLD is at a bottom, doubt it goes down much….pretty safe play for now
Thanks
And for those following the SPY…
http://screencast.com/t/3o8Q3Ebxcb
Food for thought…
http://screencast.com/t/e805KnJV20x
Yes, I agree… many FP’s are put out on “11” days.
Also, (as JT pointed out) today is….
http://reddragonleo.com/wp-content/uploads/simpson-nuclear-explosion-clock-episode.jpg
Good Morning gang…. today is an “eleven” day and many (not all) important tops are put in on these days. The main stream media (MSM) is very bullish regardless of which puppet demon wins the election. You do know that they are paid to mis-lead the sheep?
Bidu chart analysis: http://niftychartsandpatterns.blogspot.in/2012/11/bidu-support-levels.html