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

To: Hawkmoon who wrote (77499)	8/10/2011 1:36:23 AM
From: TobagoJack	1 Recommendation Read Replies (1) \| Respond to of 217792

i would say the market is 'looking for direction' in jest and in all seriousness

To: Hawkmoon who wrote (77499)	8/10/2011 2:36:06 AM
From: 2MAR$	1 Recommendation Respond to of 217792

well we know the China was in a fury over the botched debt deal & debate results ..now our Congress is off on 5wk vacations which is just the perks of the job , but geezus ... but they'll have to try to support the USD in some way ? (China that is , or whats the choice?) This $gold trade started firing off the 1rst of july on the pullback to 1485 & broke out to new highs just as AAPL reported earnings 21rst of July just as the S&P ran back up to that 2nd lower top . Cannot fathom how anyone could have looked at that PM trade & thought anything but short all pops on equities from July 21rst on ...especially after that GDP & ISM data (and the US Spending report ) came out putting last nail in the coffin of the "Soft Patch" idea . There was all kinds of warning & portending in that $gold run & also was very "telling" was AAPL not taking out $400 & holding it , they (traders ) were well aware of this impossible improvement in the 2nd half with so many cuts that were going to be made to erase spending . I was noting this $DXS defense index topping back on July 2nd & wondering how the hell was this going to not take a hit into the Debt reduction and HealthCare & defense shorts made the $gold trade pale in terms of % gains /mo Message 27469468 SPX made that 2nd top on declining RSI right after AAPL reported & $gold really making new highs , AAPL could not clear and hold $400 , you know that they knew what was up then .....they knew , they knew , they knew ... weeks & weeks of weakening econ data . (always look for "3waves Down" for the bounce , the reverse nearly always true too ! ;o)) Should trade in definite lwer trading range now , we'll see ...they built in enough buffer for now , so far until the next Bank blows up <g

To: Hawkmoon who wrote (77499)	8/10/2011 2:47:28 AM
From: 2MAR$	2 Recommendations Respond to of 217792

On the Afghan crash ...Btw , whom ever released that news of the loss specifically of those 22 members of SS6 in Afghan shootdown , just WTH were they thinking reporting that loss? In the midst of all the rest of this display of gross ineptitude on the part of our Gov't , that was one HUGE blunder to release thos stats , unbelievable to give that propaganda intel to the opposition. I knew there was something bothering me that morning i reported that news ...for why did i have that news to report?? (..it should have been supressed or reported it was just Army crew etc. Someone's "heads" should roll for this incredible gross mistep in Intel , gave the "enemy" a huge lift & propaganda boost ) Like i said the morning i reported that news , when it rains stupid actions , it sometimes pour buckets of them in rapid succession ...they've totally lost it on all levels it appears , not just politicians for how could that have been let go public & destroy our momentum after taking out OBL ? <g

To: Hawkmoon who wrote (77499)	8/10/2011 7:05:54 AM
From: dvdw©	1 Recommendation Read Replies (2) \| Respond to of 217792

Silver is problematic....in midwest USA refiners are overstocked, the cash in's have been enormous...one refiner said we are bout ready to stop offering.......gold on the other hand is being processed and resold as fast as they can get it.... This is a front line report......from someone who redeems purchased PM's every other day.....* * not me, a friend who makes his living within the marginal spread between buying and selling day to day turnover....never holds, always turns....purchases through to refiners...like a roving bank.