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I have no fingernails left!

October 16, 2013 // 0 Comments

  The tension is killing me!  This is the highest stakes poker game in history – with a $16 Trillion pot! I guess Ben is a happy man now the spotlight has come off him and onto Congress.  I know – Ben who? But let’s get back to the markets, some of which are giving me some tremendous trades.   GOLD I took partial profits yesterday morning [...]

Has peace broken out in Washington?

October 15, 2013 // 0 Comments

  Several moments of truth fast approach – and the Dow and S&P have hit important Fib targets – and with negative momentum divergences ion the hourly charts. Whatever the last-minute deals are currently, the US dollar has caught a bid this morning in a flight to safety.  Many are calling for the end of dollar hegemony – and today in the [...]

Weekly Wrap

October 12, 2013 // 0 Comments

Great news this morning! The Grand Canyon and Statue of Liberty will re-open.  Hey – only bone-headed politicos could shut down two of the greatest money-spinners in the USA for two weeks – and make the government a complete irritation amongst tourists into the bargain. And I read over 80% of citizens view the federal government as dysfunctional.  What a [...]

Has peace broken out in Washington?

October 11, 2013 // 0 Comments

It had to happen – my tramlines pointed to a rally off the 6,320 level in the FTSE starting late Tuesday.  The market embarked on a rally which was capped by the news that Obama and Republicans had cobbled together a band-aid solution to the impasse.  The news followed the markets (once again)! So, with a huge rally overnight, has the market done enough to call [...]

Is it kiss and makeup time?

October 10, 2013 // 0 Comments

This is getting more and more like Kramer vs Kramer – the plot bears an uncanny resemblance to what is going on with White House vs Congress (The 1979 film tells the story of a married couple’s divorce and its impact on everyone involved, including the couple’s young son.). And with the expensive lawyers involved, the battle over custody of the [...]
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