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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (52027)5/17/2006 3:58:02 PM
From: Taikun  Read Replies (2) | Respond to of 312759
 
We didn't need intervention to get here.

If the CPI was weak USD was expected to rise anyways as shorts covered.

Strong CPI means shorts covering more aggressively, as probability of a June pause dropping.

The sound of liquidity being sucked out of the market is turning to a roar, there are European, Japanese, American central banks doing industrial-strength vacuuming.

Got cash?

I'm out of all paper gold and silver and their future, out of all CAD, GBP, EUR, JPY futures

As I said a couple of days ago, it still isn't too late to sell. I will sell more into the next rally in a day or so.

I will reload on confirmation (not speculation) of a Fed pause, or a breakout. I would like to buy more gold sub $650 and silver sub $12 and its looking better every day

Inflation, recession, China slowdown on the mind.