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

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To: ild who wrote (43457)10/14/2005 10:30:38 AM
From: russwinter  Read Replies (1) of 110194
 
Close to my view, although doubt we see 1200, and a break right here would be no surprise. Am comfortable with my previous post's tactics.:

tradingmarkets.com

Incredibly sloppy buying by the Riskloves this AM, strange gaps on small opening trades= more ugly candlesticks and bearish divergences.

From the Hoye report on golds:

Our memo noted that the COT model gave a sell on gold, and concluded that a brief decline would correct the excesses of the goldbugs buying for the wrong reasons (*). The downside on the correction would be around 460, the next upside target 542.

(*) another Humpty Dumpty trade
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