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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 399.02+0.1%Dec 19 4:00 PM EST

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To: TobagoJack who wrote (77484)8/9/2011 5:40:58 PM
From: 2MAR$  Read Replies (1) of 218645
 
lol...can just imagine many brokers are going to miss & warn in coming Qtrs on lowered trading vols , though like SCHW & GS they have pretty well been shakin out already .... so if they do manage to bid up again become shorts later once more . Yesterday about $1tri of value was shaken out of the market alone and about $700bil came back in today.

Silver

Again my instincts ,read & riding herd on Au , seeing that rally just wasn't happening yesterday continuos with Ag ...it was pretty telling that as Gold ramped Au was stymied @ "$40" yesterday . Played that trade "contrarian" to prevailing logic and caught another 22pts swoon today on the AGQ , though many were assuming it would serve as a haven, but proved false .

Au behaving more in line as a commodity metal than a PM trading down like Oil...maybe just a little of the latter but saw that real stiff resistance yesterday and took the contrarian trade on the AGQ @ $207/09 with the 20ma acting as overhead R .There were some that really thought i would sufffer a loss here , they weren't seeing what i was seeing on the tape ...it all went to Gold .

Great call btw , ;o)

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