Italian bond yields (10yr) are now over 7.21% again, some sources say the new all time high. Also, the Libor rate, 3 month is at a yearly new high. The bond market is showing considerable weakness, and assume equities will follow.
Roadrunner wrote:looking for a double bottom in silver near 28.50 to go long
INTRADAY gold looks like washout (bottom-ish) volume to me…. anyone?
[roadrunner: similar on silver]
Also, pink is TIP behind GLD, note extreme divergence. I’ve never watched TIP intraday before ….anyone? http://stockcharts.com/h-sc/ui?s=GLD&p= ... =249221349
If it’s Wednesday (or any other day ending in “y”) its time for another metal scalp
picked up 2500 shares of DGP and 500 shares of AGQ - I am gonna hold them until next week
Okay then, apparently the bears weren’t serious enough about covering, and nydec just jumped back to >2200
So I don’t trust anything anymore (except internals, and they’ve been a bit volatile today, which ALWAYS means watch out) http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250028427
Roadrunner wrote:looking for a double bottom in silver near 28.50 to go long
INTRADAY gold looks like washout (bottom-ish) volume to me…. anyone?
[roadrunner: similar on silver]
Also, pink is TIP behind GLD, note extreme divergence. I’ve never watched TIP intraday before ….anyone? http://stockcharts.com/h-sc/ui?s=GLD&p= ... =249221349
If it’s Wednesday (or any other day ending in “y”) its time for another metal scalp
picked up 2500 shares of DGP and 500 shares of AGQ - I am gonna hold them until next week
long silver now... small position 25%
ZSL just exact double topped 15.72
I can’t join u yet on SLV, but soon
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Greece and Italy are back in the news and not all is good
hemlock21 wrote:Italian bond yields (10yr) are now over 7.21% again, some sources say the new all time high. Also, the Libor rate, 3 month is at a yearly new high. The bond market is showing considerable weakness, and assume equities will follow.