Friday, August 8, 2008

5:28AM PDST WATCH OUT FOLKS! THIS MARKET IS DANGEROUS RIGHT NOW!

When the reports come out in a minute, gold is going to go crazy in ALL DIRECTIONS....AND FAST! Dollar is WAY UP! Euro is WAY DOWN! like to last March levels! Oil fell from 121s to yesterday's lows at 117.14 and is rallying a bit now! Dow still down in the 11400s Bond up in the 116's...what jumps. lock your money in a low rates forever! Here we go...HANG ON TIGHT! 5:35AM PDST All this thrashing around in gold is on LIGHT VOLUME! These moves can be treacherous for traders.. At this moment gold is going down to test the low.. $860 is NOT OUT OF THE QUESTION!

No comments: