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Post by walnut on Jul 5, 2015 20:08:25 GMT -5
Golds rally somewhat fading.
Vix futures in slight backwardation now from July to Dec. But the curve is mainly just flat. Wait and see, but I think likely to bounce back to contango. If anything, rates are sure to stay low now and the market might rally.
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Post by jacksrbtr on Jul 5, 2015 20:15:52 GMT -5
Golds rally somewhat fading. Vix futures in slight backwardation now from July to Dec. But the curve is mainly just flat. Wait and see, but I think likely to bounce back to contango. If anything, rates are sure to stay low now and the market might rally. Wha? I'm seeing DJIA futures down -202, SnP down -25 and the Naz down -58 and you see the pothibility (when I get overly excited I tend to take on a lithp) of a RALLY?
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Post by walnut on Jul 5, 2015 20:20:02 GMT -5
Yeah, these are just Sunday night futures initial reaction. Greece is probably buy the news, after all the buildup. Greece is just not that big. Default has been assumed for months. I think this could pass after some volatility. But even I don't trust my own opinion so neither should you.
Is the big bull dead? maybe. Is this a collapse? I don't think so.
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Post by walnut on Jul 5, 2015 20:29:42 GMT -5
Cool, vixcentral.com is working again.
Backwardation almost never lasts more than a week or two. But in 2011 it lasted for 3 or 4 months.
Sorry, I don't really think I am a bull, I don't intend to be anyway.
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Post by novie08 on Jul 6, 2015 8:47:00 GMT -5
Gold/silver trying to make a comeback...platinum -3% and palladium -2.6%!!!
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Post by novie08 on Jul 6, 2015 9:56:55 GMT -5
Is the Directional Change Coming? Fingers crossed!
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Post by novie08 on Jul 7, 2015 8:10:49 GMT -5
There it is...the DC Lower! just like he's been predicting for at least a year. Look out below. Maybe all the way to 850 or so. They've got silver all the way down to -3%.
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Post by novie08 on Jul 7, 2015 8:44:44 GMT -5
Looking at getting some DUST soon. If I only held from weeks ago...IF, IF, IF... GL Congrats if you got it yesterday, birth! JDST even better...
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