The green line is the most recent MAJOR
UPTREND LINE running through the lows
all the way back to Oct 6 of 2006. It could go
back further, but I don't think the trend line
is a major influence now what with this massive
intervention in the markets.
Dollar hits .8636.
Euro drops to a low of 1.2725 and has rebounded
to 1.2797.
Gold makes a new low of 75820 before any substantial
rebound, and even then on pathetic volume to the upside.
Either buyers here in gold are going to get very rich, or
they are going to get wiped out as have all the recent margin
buyers who thought gold would never go this low.
I can't take anymore of this bullshit.
I'M GOING TO BED... LATER FOLKS!
