Percipient palpitations

[aussiebear]

Snapback rallies for the early openers: Kiwis +1.3%, Aussies +1.5%, Nikkers +1.3% and Sth Korea +0.9%.

 

In the Aussie market: Gold, naturally enough, is heading the greens, +2.7% and the sole red is Healthcare -0.4%.

 

 

 

 

[aussiebear]

 

 

 

 

 

 

 

http://finance.yahoo.com/intlindices?e=asia

[aussiebear]

http://money.cnn.com...s/morning_call/

 

 

 

 

 

 

 

http://www.kitco.com

 

 

 

http://www.kitconet....ase_metals.html

 

 

[aussiebear]

 

 

http://www.engrish.com/2006/09/love-ice-ercam/

[aussiebear]

 

 

All Ords remained on an even keel achieving +1.6% for the day. Gold +2.9% remained the leading sector followed by Miners and Materials, both +2.6%. Healthcare -0.5% was the only red sector.

 

All green in Asia but to varying degrees: China +1%, Honkers +1.1%, India +0.1% and Nikkers +2%.

 

 

On to UK/Europe:

 

 

 

 

 

 

 

 

[swordfish]

gold bubble?

 

dollar cheap?

[Lemur]

Woke up to see the dollar had really gotten its ass kicked in the Asian session - most unusual. May have been driven by margin calls on dollar longs. Anyway, I flipped short Silver and long usdchf as things are really overdone here. Just look at those RSI's.

 

Meanwhile, I wonder if the dollar bull deflationists (Prechter etc) will throw in the towel soon.

[Lemur]

Woke up to see the dollar had really gotten its ass kicked in the Asian session - most unusual. May have been driven by margin calls on dollar longs. Anyway, I flipped short Silver and long usdchf as things are really overdone here. Just look at those RSI's.

 

Meanwhile, I wonder if the dollar bull deflationists (Prechter etc) will throw in the towel soon.

 

 

Just to add to that - I remember the days when I sent a question to Prechter asking how 'what would it take to change his mind that inflation was now the more likely outcome. His public answer (posted on the front page of his website was that he would change his mind if gold got above $600. Well hello Bob, so much for having consistent views.

[DrStool]

 

Precious Metals Update

 

[specie]

seems that a great deal of QE1.5 is not due to mortgage repayment but due to mortgage default

 

i suppose that the purchases of treasuries will accelerate much faster than Sack originally proposed

 

how will it all end?

[Drano]

A grand total of 16 posts in last night's thread.

 

Is that a record low? does that mean.... well, you know......

[specie]

also, it appears to me that "everyone" thinks that as soon as "growth" returns to the U.S.

 

treasury yields will start to rise

 

what if "growth" never returns?

 

i think treasury yields will rise when they are ready to

 

growth or no growth, and i expect it will be no growth

 

then what?

 

just thinking, could be wrong, maybe even probably

 

anyway, i got my physical stash - gold,silver,lead,beans,sugar,coffe,cigarettes,booze,grains

[K Wave Rider]

Seeing the possibility that we topped overnight...need an hourly close back under 11K on YM and am watching NFLX and BIDU here real closely as they are both sitting right on the pivot point where they could start to crash....

[specie]

Seeing the possibility that we topped overnight...need an hourly close back under 11K on YM and am watching NFLX and BIDU here real closely as they are both sitting right on the pivot point where they could start to crash....

i realize my longer term viewpoint/experience means little to the sophisticated short term traders here

 

but those are the two i was watching that produced a couple of the best examples of a exhaustive speculative bubble tops it has been my experience to witness

 

if i'm not posting here it's cause i'm outside holding a sign that reads "the end is near"

[K Wave Rider]

gold bubble?

 

dollar cheap?

Perhaps that guy doesn't go back far enough on his chart...if he went back 20 years on the NIkkers and the Nasdaq he might have a bit different take...we could be real close to a major pullback here though...