Ken,
I suggest you revisit your charts, the XAU broke its downtrend line (58) today. 60 is just more of the same, we'll get that one next week. The fact that the move was disbelieved just makes it better sentiment wise!
With the Fed increasing, CRB in a bull, oil at $30, trin not supporting the NDX/DOW rise, VIX very low, p/c very low, dollar dropping things are different this time than they were a year ago or two years ago. You really can't deny the facts are different.
Are you short? You sure talk like one, shorts talking their book and trying to make a number mean something it doesn't by repetition, repetition, and more repetition.
Roebear |
