Tag Archives: Silver
Gold & Silver…Pattern Alert
We’ve put in outside reversal days to the downside, now we have to see if an outside reversal week is in the cards. Gold has to close below 1736.25 and Silver 39.11 Pit session! The all session #’s are 1730.50 … Continue reading
A.M. Look 8/19/11
Risk Off is still in full swing. I do not expect any change in that footing today. New lows or highs in any instrument are not to be chased or pressed for direction!! Nasd 100 Futures…2030 ish is the big Fib … Continue reading
Single Stocks…Grain Names…Metals
Investors who wish to be involved with individual instruments should consider IBM,MMM,Cat,OXY,XOM,JNJ to name a few. The Grain names have already bottomed. The trade location is not good in this sector, however a close over 68.30 in MON ( 200 … Continue reading
A.M. Look 8/5/11
Gold & Silver…yesterday’s lows were great in both. Now we have to see if we hold those lows on the unemployment #( which have typically been the lows for the rest of the month). Moreover, the gold needs to close … Continue reading
A.M. Look 8/3/11
Now for this week’s episode of the mid-week shuffle. We just had one monster break to unchanged on the year in the S&P. The average big move in the SPU is 80-100 points. We just got the FULL MONTY! Today, … Continue reading
General Comments
Silver just hit DL’s first support @ 39.50..the point & figure shows possibly over extended 39.25 first time down. Spu just hit some resistance @ 1308 The 30 Yr. Bond High was a tick shy of Dr. Nenner’s model # … Continue reading