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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (7683)1/15/2008 1:29:28 PM
From: wsw1  Read Replies (1) | Respond to of 50505
 
Appreciate your thought out reply.

Wouldn't you say that technically, if 460 holds here today or even for the rest of the week, then it's smooth sailing to 500-560 w/o having to re-test 400?

460 was prior resistance, and now the HUI has cleared that resistance, so it should become support.

Obviously, if 460 doesn't hold on a closing basis, then I do see the 434 line in the sand, but 400? Wow, that's a lot of ground to give up. But, of course, nobody knows what happens next, and anything's possible. And the HUI is well known for shedding points like a stripper shedding her clothes.

We shall see!

Lot of support going into the SPY today btw.



To: SliderOnTheBlack who wrote (7683)1/15/2008 7:14:15 PM
From: jim_p  Respond to of 50505
 
Just think the last time the markets started the year off this good was back in 1933.

Nice market if you're short!!

Jim



To: SliderOnTheBlack who wrote (7683)1/15/2008 10:40:10 PM
From: crdesign  Respond to of 50505
 
As per Sliders request, images of my designs;

flickr.com@N00/2195977157/

flickr.com@N00/2195977161/in/photostream/

We hand built & painted the cabinets in our kitchen.

Tim & Ria



To: SliderOnTheBlack who wrote (7683)1/16/2008 7:09:05 AM
From: wsw1  Respond to of 50505
 
second time in the past two weeks that goldman has revised their gold forecast upwards:

Jan. 16 (Bloomberg) -- Goldman Sachs Group Inc., the world's largest securities firm, increased its gold forecast for 2008 through 2010 because of expectations for a U.S. recession in the second and third quarters and a weaker dollar. The metal will average $915 an ounce this year, compared with an earlier estimate of $800, the bank said in an e-mailed report today. Gold will average $870 next year and $940 in 2010, from earlier forecasts of $852 and $907, the bank said.

bloomberg.com



To: SliderOnTheBlack who wrote (7683)1/17/2008 12:11:16 AM
From: onedrill  Read Replies (1) | Respond to of 50505
 
FWIW
I work in Africa and have friends everywhere. One of them lives in Thailand and comes through Joberg all the time picking up one or two krugerrands every trip. Well the last trip in December the bank was out of the K's. All they had were the Nelson Mandela commemeratives selling at double the price of Gold. The lady in the bank told him that they could not keep up to the demand for the kugs. Cheers!