Replies to post #53585 on S&P 500 & Nasdaq Analysis and Trends

[guitarmusic]

Well...I feel real good about my Dec puts on QQQQ now.....

[Stock]

The House has to act on the debt ceiling yet, I think. I was watching c-span at the close of the Senate session last night and that's what I got out of the comments of the day.

This SCHIP thing is a political football huh

[Paul123456]

Exactly, but this is NEWS, not charts, talking. So if it goes down it because of news.

[Stock]

PRECIOUS METALS HIGHLIGHTS: Top Stories Of The Day
Last update: 9/28/2007 8:43:19 AM
TOP STORIES:

Platinum Australia: Sees FY Resource Of 1M Ounces Of Platinum LONDON (Dow Jones)--Peter Allchurch Platinum Australia chairman said Friday that for the year ended June 30 the Smokey Hills Project has a resource of 1 million ounces of 4E PGM (platinum, palladium, rhodium and gold) and is planned to produce 95,000 ounces of 4E PGM per annum from an open pit and shallow underground mining operation in the UG2 chromitite reef in the Bushveld Complex.

STORIES OF INTEREST

SNB Sells 113 Tons Of Gold Mid-June To Sep 26 ZURICH (Dow Jones)--The Swiss National Bank, Switzerland's central bank, Friday said it has sold 113 metric tons of gold between June 15 and Sept. 26.

Swedish Ctrl Bk To Sell Up To 10 Tons Of Gold By End-Sep 2008 STOCKHOLM (Dow Jones)--Sweden's central bank will sell up to 10 metric tons of gold by the end of September 2008 and reinvest the proceeds into foreign exchange reserves, the Riksbank said Friday in a statement.

Spot Gold Near Fresh 28-Yr High On Weak Dlr, To Extend Gains SYDNEY (Dow Jones)--Spot gold rose close to a 28-year high in early Asian trading Friday, building on overnight gains following another record low for the dollar against the euro.

MARKETS:

PRECIOUS METALS: Golds At Fresh Multi-Decade High On Weak Dlr LONDON (Dow Jones)--Spot gold edged to a fresh multi-decade high Friday, pulling platinum closer to a new record as market participants said a bearish outlook for the dollar could propel prices even higher. (END) Dow Jones NewswiresSeptember 28, 2007 08:43 ET (12:43 GMT)