4 replies to this topic

[Mr Dev]

Would it make sense for each of our major markets hit new highs today,...well no,.. unless you look at how fast and early the FEDs came into the markets today,..with what appears to be double double of what is the norm. With protection like this ... NEW HiGHS make perfect sense... very hard to fight the Stealth Fed,.. and they want to keep it that way. Can't wait for tomorrow when they nearly double this weeks funding, just Amazing. So a good way to play if you're bearish is to move back over to and hide in OIL and Gold. Each has had a nice pull back and Liquidity always finds it way into the commodities. Trade safe

[jjc]

Would it make sense for each of our major markets hit new highs today,...well no,.. unless you look

at how fast and early the FEDs came into the markets today,..with what appears to be double double of what

is the norm.

With protection like this ... NEW HiGHS make perfect sense... very hard to fight the Stealth Fed,.. and they

want to keep it that way. Can't wait for tomorrow when they nearly double this weeks funding, just Amazing.

So a good way to play if you're bearish is to move back over to and hide in OIL and Gold. Each has had a nice

pull back and Liquidity always finds it way into the commodities.

Trade safe

FOMC minutes at 2:00. Just to remind.

[Russ]

Gold is going down into early July along with the Stock market in my view.

http://stockcharts.com/c-sc/sc?s=$GOLD&p=W&b=5&g=0&i=p04717520897&r=8190.png

[ogm]

FOMC minutes at 2:00. Just to remind.

What can there be in the Fed minutes that may be a surprize for the market ? In either direction ?

[Mr Dev]

Let the records show that the DOW and the S&P did hit all time NEW closing HIGHs today even after world markets sold off and China was down over 6% today. Amazing,.. not really,... just controlled! If you can see it you can play it! Play well!