aussiebear Posted December 7, 2011 Report Posted December 7, 2011 Nothing too exciting happening for the early openers: Kiwis +0.2%, Aussies +0.6%, Nikkers +0.7% and Sth Korea +0.5%. Aussie sectors are up with the exception of Gold -0.8%. Telecomms +1.1% is the leading sector.
aussiebear Posted December 7, 2011 Author Report Posted December 7, 2011 http://finance.yahoo.com/intlindices?e=asia
aussiebear Posted December 7, 2011 Author Report Posted December 7, 2011 http://money.cnn.com...s/morning_call/ http://www.kitco.com http://www.kitconet....ase_metals.html http://finance.yahoo.com/
aussiebear Posted December 7, 2011 Author Report Posted December 7, 2011 http://www.engrish.com/2000/02/bang-what/
I_Am_Madness Posted December 7, 2011 Report Posted December 7, 2011 Folks need to be careful in this area. They've done an incredible job in GAPING above/resistance level over the past 2 months. Most gains also happen overnight trapping equity positions. We could easily wake up to 1275 on the futures and open with a buying frenzy (gaping above 200 dma).
I_Am_Madness Posted December 7, 2011 Report Posted December 7, 2011 Look where Gold landed and bounce from... This look pretty bullish to me. Should test 1800 if market breaks out.
I_Am_Madness Posted December 7, 2011 Report Posted December 7, 2011 Look at all those Doomer crowd getting caught short retail over the past year. This thing is pushing all time highs...
I_Am_Madness Posted December 7, 2011 Report Posted December 7, 2011 Dong FEB gold (GC) at a 1732.60. Will add the rest if we test 1725-1726.
I_Am_Madness Posted December 7, 2011 Report Posted December 7, 2011 Dollar index looks ready for a plunge....
aussiebear Posted December 7, 2011 Author Report Posted December 7, 2011 No sign of buyers giving up at this stage: All Ords closed +0.7% with Healthcare +1.3% and REITS/Telecomms +1.2%. Gold -1.1% was the only down sector. Reasonably green in Asia: China +0.3%, Honkers +1.4%, India +0.8% and Nikkers +1.7%. On to UK/Europe:
shorty Posted December 7, 2011 Report Posted December 7, 2011 Folks need to be careful in this area. They've done an incredible job in GAPING above/resistance level over the past 2 months. Most gains also happen overnight trapping equity positions. We could easily wake up to 1275 on the futures and open with a buying frenzy (gaping above 200 dma). hi 1268, laSSt 1263 now, possibre breakdown hear if euro falls below 1.3400 then SP could take out 1250 not trying to call top, butt dongs are overextended and there is big downside profit-taking risk, especially if folk sell on the news of latest eurozone bailout plans, they don't wanna give back all their recent big stock gains, better to lock'em in and start fresh next year than risk blowing it between now and EOY
shorty Posted December 7, 2011 Report Posted December 7, 2011 I thnik Crude Earl gonna see 60 buck in 2012
shorty Posted December 7, 2011 Report Posted December 7, 2011 hear we go, euro red....who wanna catch that knife, step rite up! Merkel don't do much fer me, why not replace 'er one them German hottie gal
shorty Posted December 7, 2011 Report Posted December 7, 2011 AAPL and IBM gonna git sold hard in Jan dump now avoid the rush
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