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

To: TobagoJack who wrote (84654)	12/16/2011 7:57:51 AM
From: 2MAR$	Read Replies (1) \| Respond to of 217656

Yesterday the bounce did come off 1562 support area that was oversold but posted early here that same resisistance @ $1600 was being met early yesterday am , so exited that position for $2.60 gain initiating short 154.70 and saw similar wonderful sell down to my original buy long at $152 which again took long and sold later for another 2pts . This kind of widgeting is sometimes the most favorite kind of trading , little wiggles while the macro sorts itself out . Again GLD sold back down to original buy point of $152 at eod yesterday and love to say went long there for todays return back up testing $1600 here but had read much of the same analysis which veered me off . So that same resistance be happening right here now @ $1600 with possible upper tag of $1609 and readying to go short ...replay of yesterday . (These pivots are so clearly defined its almost like "free money" here .) There was a defacto lift yesterday as some profitaking took place on USD , but logging in nearly 10pts playing these wiggles is just fine ..GLD is printing $155.53 which off close yesterdayoff that same $152 low pivot would have offered another $3.50 but cies le vie ...lets see what we get on the short here today . There's still the seasonal physical demand in play but hope its a repay of yesterday . On silver Prices put in a hammer candlestick above support at 28.41, the October 5 wick low, hinting a bounce is ahead. Near-term resistance is at 29.79, with a break above that aiming for former rising trend line support now at 31.75. But if renewed selling , thenexposes the September 26 low at 26.05.

To: TobagoJack who wrote (84654)	12/16/2011 2:16:27 PM
From: 2MAR$	Read Replies (3) \| Respond to of 217656

Bold predicitons 2012 : "In early 2012 we get a bona fide bank run on some European bank," he says. http://finance.yahoo.com/blogs/breakout/ Broadly speaking, the implications of such a run would be a collapse of the Euro (even more so) and a spiking dollar. Such a plunge would shock those still relying on global central banks to print our way out of trouble and presumably lead to a daisy-chain of horrors throughout the global financial system. On the upside, it would be good for the dollar. The trade, as Bleier sees it, is bailing out of gold and essentially any other commodities related assets.