Looking like a 1000+ point day
Posted: Wed Aug 10, 2011 9:59 amEurope ended down. Dow down >400 in less than 90 minutes. Gold about to breakout. Hold on...
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Posted: Wed Aug 10, 2011 9:59 amRe: Looking like a 1000+ point day
Posted: Wed Aug 10, 2011 12:13 pmLong 200 EXK @ 9.63
Re: Looking like a 1000+ point day
Posted: Wed Aug 10, 2011 12:36 pmEXK I had to look up - will watch it...
Dow flattened out around -310 to -380, taking another breather. Will see what the late pm holds for it. TPTB will push for a late day rally, I'm sure.
Gold did breakout, came within 80 cents of my 1800 call, fell back, and is now rallying again above 1780. Crazy times.
Exciting to watch! But like a train wreck. Underlying current of fear. The French bank question is on the table, and now some traders are now finally saying we are in recession part 2 already.
68Camaro wrote:Europe ended down. Dow down >400 in less than 90 minutes. Gold about to breakout. Hold on...
Dow flattened out around -310 to -380, taking another breather. Will see what the late pm holds for it. TPTB will push for a late day rally, I'm sure.
Gold did breakout, came within 80 cents of my 1800 call, fell back, and is now rallying again above 1780. Crazy times.
Exciting to watch! But like a train wreck. Underlying current of fear. The French bank question is on the table, and now some traders are now finally saying we are in recession part 2 already.
Re: Looking like a 1000+ point day
Posted: Wed Aug 10, 2011 4:01 pmSo I was half wrong today, but still not a good day. Did hit the 1800 guess right (apparently it hit >1800 in futures).
viewtopic.php?f=9&t=7643
And Au isn't done. Believe it'll go over 1800 tonight and stay there, climbing
viewtopic.php?f=9&t=7643
And Au isn't done. Believe it'll go over 1800 tonight and stay there, climbing