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Re: porter post# 136155

Wednesday, 11/26/2008 10:15:05 PM

Wednesday, November 26, 2008 10:15:05 PM

Post# of 148479
yeah its hard to figure metals when asset prices are falling;
I think the USD will test the 50 day soon and maybe 82-80;
the strength in the dollar has allowed the fed to do what they are doing; some might say its been brillantly orchestrated;
I drew my lines wrong; the backtest could float to 87ish;
the weekly still looks relatively strong; I have to remember its not that the dollar is so good its that other currencies are so bad and in this market logic and reasoning dont help much;

although gold was down today, all the metal equities I follow
were green today; friday and monday should be fun with lite volume and holiday trading; theres a 100 pt triangle on gold;
gold equities, recently have been trading with the dow
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