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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: CusterInvestor who wrote (64263)	6/18/2010 7:19:18 AM
From: TobagoJack	1 Recommendation Respond to of 217694

between chris wood, jim walker, marc faber and the like, we have quite a scary bunch of bear cubs in hong kong however, in hk, we like scary :0) in the mean time, just in in-tray player 1: am I missing something, or does gold almost ALWAYS seem to get sold down on the European opening? Any thoughts as to why? player 2: u r not missing anything....u r perfectly right and I shall give u some ball park figures (which are not very far from actual reality) : 1) GOLD almost always goes down 75% of the time when London opens 2) GOLD almost always goes down 80% of the time between 4:55pm & 5:30pm HK time to enable the 'fixers' fix the AM fix price. The ferocity of the capping is in direct proportion to physical buying ...it can be back tested (with very high degree of accuracy) if you see days when GLD has had v.large inflows the price capping will be very very intense 3) GOLD almost always goes down 60% of the time just before NY open is it any wonder that the stuff below Threadneedle Street has "corrosions/fissures/cracks"???????????????????????????????????? no prizes for guessing the correct answer !!!!!!!! LoL ! player 1: Perhaps I should just start day-trading gold..... But then again, if I started doing so, I'd jinx it, and it wouldn't work anymore..... <g> player tj: day-trading gold is the ultimate macro game :0)