Sunday, June 3, 2012
The Dollar
Just as the US dollar was finally brealing out from a cup and handle pattern, precious metals find themselves back in the game with a huge day on Friday.
Always perform your own due diligence. These are only my opinions.
Saturday, May 19, 2012
Saturday, May 19th
Yes, it's May and all is well in the bear's gray sky world.
No one should have been caught unaware this year, as it has become - mathematically, at least - an odds-on annual event. There were warning signs dating back to Good Friday, April 8th, when professional traders initiated a fairly significant drop in the futures markets. While it is true the markets managed to reverse course and move higher shortly thereafter, the failure to follow through with a bullish thrust after overtaking (barely) the previous high was just enough to leave buyers with cold feet.
So here we sit: The bearish campaign is once again out in full-force with pretty much every analyst (professionals and amateurs alike) warning us that "The Big One" is finally underway.
Good Lord, I hate May!
Always perform your own due diligence. These are only my opinions.
Saturday, April 28, 2012
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