Tuesday, May 12, 2009

GOLD MOVING A GOOD BIT THIS EVENING, HAS DROPPED OUT OF THE WHITE UPTREND CHANNEL, BUT STILL WITHIN THE RED DOWN FLAG


Euro had a nice climb, but is
now pulling back.
Yen too.
Bonds flat
Dow off 21 from today's close
Oil hugging $60
Dollar gaps down, falling to .8198
before bouncing up to .8227,
currently at .8222.
Looks positively DEADLY for the Dollar.
This could be THE END of it if the PPT crew
can't keep it elevated better than this latest
futile effort.
Remember..
YOU CAN'T FOOL MOTHER NATURE OR GRAVITY!