"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Tuesday, July 17, 2012

The 'nanke: 'Fed Ready to Act'

Market then flops as if disappointed that the guy did not unleash holy inflationary hell today.  It's really pretty stupid.

Fed Ready to Act

I am on alert for a scenario whereby a scary plunge needs to happen in the stock market before triggering the final piece (in addition to decelerating jobs, ISM and bombed out commodities) of the puzzle that gives the addict what it wants/needs.  A technical parameter to extreme risk management was noted on this blog yesterday.


http://www.biiwii.blogspot.com
http://www.biiwii.com/analysis.htm

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at 7/17/2012 10:26:00 AM
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8 comments:

  1. "Market then flops as if disappointed that the guy did not unleash holy inflationary hell today."

    Yeah? Then a half hour later the market flies back up when it realizes it doesn't need QE3 anymore.

    If there are enough people out there thinking just like you, GT, then the market is about to do something way interesting.

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    Replies

    1. Higher highs, higher lows... yes I know. Also, the presidential cycle. I know. Also, the contrarianness of it all...

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    2. All that load on the deck of the boat is about to shift from port to starboard.

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    3. Oh and also - what typically happens to gold and silver in August?

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    4. Yes, that is the plan. And also yes, August is the month. It's the July question I am waiting on... as in will the broad market make a higher high, chop chop chop or take a big dump first?

      The plan for August is potentially very positive and the plan is def. for the a shift to the starboard side because T bonds are IMO going to be a serious short at some point fairly soon.

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    5. T bonds short? Never! All that money can't be wrong!!!

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  2. Not at all Gary. I should have added a smiley

    ReplyDelete

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