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Post by huh on May 24, 2016 9:37:09 GMT -5
Expecting a bounce in gold ~1230 to form the RS of a H&S - then squeeze the pattern for a slightly higher high. Previous high was ~1306, so a slightly higher high could finally hit that 1316-1318 target. Here's to hope  |
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Post by novie08 on May 24, 2016 9:42:08 GMT -5
Amen brothers.
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Post by novie08 on May 24, 2016 9:44:22 GMT -5
Remain" is building a big lead in the Brexit vote. A new poll conducted by the ORB for The Daily Telegraph showed that 55% of people backed staying in the European Union, compared with 42% wanting to leave. The latest results have sent the British pound higher by 0.8% at 1.4603. The referendum vote is scheduled for June 23.
They've successfully scared the sheeple. Oh my, in the longer term wouldn't they be better off not ruled by Brussels?
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Post by novie08 on May 24, 2016 9:52:01 GMT -5
Great call huh. Have read some devastating things about China, Europe lately so while I agree the Fed is buying, think there is also substantial foreign money going into the dollar and dollar assets. However, not sure what would happen if Saudis de-peg the petrodollar...they may have to for their survival (see Venezuela).
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Post by novie08 on May 24, 2016 9:54:41 GMT -5
Also, surprised to see Boeing falling these last few days as they got a big order from Vietnam, I thought it was announced yesterday?
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Post by jacksrbtr on May 24, 2016 10:06:51 GMT -5
Also, surprised to see Boeing falling these last few days as they got a big order from Vietnam, I thought it was announced yesterday? Yes - Obama thinks that Vietnam will now serve as our surrogate keeping China out of the South China Sea he suspended the ban on doing military material biz with them yesterday. |
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Post by birthmark on May 24, 2016 11:10:50 GMT -5
Had to settle on NDSN for 100 shares short...............already covered, but still watching BBY hoping for a pop and fade............UVXY following for now..... JMO and BOL............... I'm still waiting for UVXY ~7 Me too Huh. Me too  |
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Post by clinton on May 24, 2016 12:12:01 GMT -5
sure looks like day 3 of me topsteps 3 day rule
day 3 smart money sells to dumb (fed) money
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Post by birthmark on May 24, 2016 20:01:59 GMT -5
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