In the "for what its worth" department, we got yet another 161.8% extension from this mornings high and low. It went to 5387.5 at 14:13 which was 0.5 pts from an exact 161.8%. Maybe someone else can all the next one. Shows you're all paying attention in class.
scuse sir, can i go to the lavvy?
As one vulture said to the other vulture: Patience my ass! I'm going to kill something!
The big boys don't make any money if the market stays still. They need to move it one way or the other to make some money off the rest of the punters.
As one vulture said to the other vulture: Patience my ass! I'm going to kill something!
The big boys don't make any money if the market stays still. They need to move it one way or the other to make some money off the rest of the punters.
as a busker .. this man gets my pound
newsletter writer, dennis gartman again made negative sounds about gold’s prospects.
This is bullish in the short term as many of his short term calls in
recent months have been inaccurate. Indeed, some traders use him as a
good short term contrarian indicator.
but the comments from euro politicians are killing the price action
there is so much euro babble around today.. I could not say where this is going.. economic data is good.. but the comments from euro politicians are killing the price action
I said a while ago that they should all get together and make their announcements at the same time, so we can get on with "normal" trading. I guess they didn't listen to me.
haven't seen normal trading for yonks
Last month was first losing month in my year, lost 6%.
+1.7% this month.
Kind of a slow trader
So we have reached the 4pm witching hour, anyone care to guess which way the US will take it after 4:30pm. I keep thinking they will retest the highs, but as it has been such a crappy day for price action, anything could happen.
So we have reached the 4pm witching hour, anyone care to guess which way the US will take it after 4:30pm. I keep thinking they will retest the highs, but as it has been such a crappy day for price action, anything could happen.