The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ild who wrote (24181)	1/7/2005 6:44:39 PM
From: russwinter	Read Replies (2) of 110194

This is looking more and more like a who's afraid of the big bad wolf USD rally. Even I was shaking in fear at the prospect of a big fund liquidation when I saw the specs/funds long 373,996 in the Fx subtotal on 11-16, and long 217,564 in gold. They've gotten a little more mileage taking the yellow dog down, but I show them down to long 145,893 last Tuesday when POG was 428. Obviously lower now. And the USD? All the why down to 218,610, and what did the USD do, managed to rally from 80 to 82, whoppie. The last three days has taken it up to 83 and change, and no doubt knocked down spec holdings even more. Is this al the can manage with this kind of liquidation? Not a god sign for the USD. Meanwhile the GLD ETF added 31.37 tonnes in real physical buying during this correction since 12-29.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next