11/29/2012 Live Update

[Darkmatter]

H&S target

[TraderGirl]

Bot her at 16, sold her at 19.50....I think she's getting tired...

Great trade! May I have your opinion on gold, TraderGirl? Please.

Dollar could find support...

GLD, broke down out of pendant/bear wedge...now backtesting with negative momentum.. could get back to support around 162.36

[skittlesmds]

Bot her at 16, sold her at 19.50....I think she's getting tired...

Great trade! May I have your opinion on gold, TraderGirl? Please.

Dollar could find support...

GLD, broke down out of pendant/bear wedge...now backtesting with negative momentum.. could get back to support around 162.36

Thank You, TraderGirl. I have major respect for your opinions, especially on gold.

[Cobra]

the 2nd test of the morning high, key time. so far, chart not bad.

[gappy]

Bot her at 16, sold her at 19.50....I think she's getting tired...

Great trade! May I have your opinion on gold, TraderGirl? Please.

If I may butt in, Gold follows CCI no matter at whatever hyped up price it's at.

[skittlesmds]

May take a quick scalp short.

[skittlesmds]

May take a quick scalp short.

2 contracts - 4 ticks - $100 scalp

[TraderGirl]

Bot her at 16, sold her at 19.50....I think she's getting tired...

Great trade! May I have your opinion on gold, TraderGirl? Please.

If I may butt in, Gold follows CCI no matter at whatever hyped up price it's at.

So what is your opinion gap up...

[gappy]

May take a quick scalp short.

Reasonable. This mornings GDP hardly saw a pulse in the Gold 1 minute chart where a month ago it would have been all over the map. The article Xian referenced above and yesterdays response to Boehners remarks make me think the market has the fiscal cliff more priced in than many think, and will trade ahead on stall speed manufacturing data. The old correlation between the inflaion hype to precious metals price may be getting tired. I will short silver again soon, I'm sure.

[ClarkW]

Breakdown beginning in GDX?

[gappy]

Bot her at 16, sold her at 19.50....I think she's getting tired...

Great trade! May I have your opinion on gold, TraderGirl? Please.

If I may butt in, Gold follows CCI no matter at whatever hyped up price it's at.

So what is your opinion gap up...

Sorry, Gold is a very small cap in the overall equities scene, but heavily manipulated by cartels now reaching the conclusion there are easier and less public profits to be made. Concluded by a reduction in commodity desks by which I have to assume Gold support. 2000/oz is not far from here but cost effective to the bottom line as say EM bonds to a firm over all of next year. I don't think so.

[skittlesmds]

My plan is to short again if we break below 1413 ES. No position on right now.

[TraderGirl]

Breakdown beginning in GDX?

NUGT on 2 hour....H&S broke down...filled gap...now butting up against 50dma on 2 hour....

[Cobra]

ema20 blue line as support, if bulls can bounce from here then bears are over. wait.

[Petsamo]

Bear raid in progress

[Al_Dente]

WTF?
is there news?

[gappy]

Breakdown beginning in GDX?

Miners have upside potential compared to the price of their ware if costs to produce it lessen, which be energy, transpo, equipment and mainly so credit. But because of the wait and see attitude, I sold HMY for a few hoppers, will put the proceeds into water resource.

[Claudio.dicorato]

Go short!!!!!!

[Xian]

WTF?
is there news?

boehner

[daytradingES]

I am screaming here!!!!!!
I was short and closed it

Argh!!!!!!!!