FOREX TRADERS

[Worn_Buffet]

I realize it's Sunday 'n all & we're starin the holidays right in the mug here.....but sheeesh...is it ever quiet in here.

This lil Bloomy piece on gold is sayin it could rise w/a total of 14 gold Guru's bullish...just 1 a bear & 12 neutral (most likely all women...lol)

http://www.bloomberg.com/apps/news?pid=20601081&sid=a_LWuTPtP67k&refer=australia

If the bulls are right...then I think last weeks high of 815 & change is a no brainer & we could quite possibly revist the 830's all over again.


Looks to me as if it has built a fairly respectable base here in the high 700's to low 800's....if I dint know any better (& I prolly dont..lol) I'd say it's gettin coiled again for a nice rally testing the previous high's.

& this piece about debt & we Yankee Doodles love for credit cards & that bill now finally comin due surely isn't gonna be of any help to major indeces....in turn also helping to support a continued gold rally.

http://biz.yahoo.com/ap/071223/credit_card_crunch.html


Just some early Sun eve mussings here as we see how the markets aroud the globe figure out which way they wanna churn.

& I typically dont go grabbin positions so early on in the 4x week....but as soon as the spreads came down I grabbed some long aud/usd @ 8680....the thinken here is that the US is gonna open down (albeit on low vol)....& on that note....anyone have a decent link as to the pre-open futures...think I saw someone a few days ago post it? Would be a helpful link...especially on Sun as the 4x markets begin to wake up for a new trading week.