COMEX GOLD : bull trap

Comex Gold : huge resistance @ 1825$
Beware of bull trap ! 
(cmp 1788$ , up 25$ )
But if it remains above 1830$ on weekly basis then another 5% odd leg up possible even a new high.

 26/8/11

This is not 2008 !

This is not 2008 !
A lot of savvy investors are looking for  2008 kind of bloodbath so that they can invest in companies of their choice to get superior returns from their portfolios.
But looking back ..one must take a note that 2008 was a peak of euphoria in all asset classes be it risky or safe. Most of them were quoting at astronomical levels with huge euphoria...a small bit of good news was igniting stocks but all the bad news and warnings were being thrown out of the window.
Now..it seems that no one is interested in equities ., although markets are not dirt cheap but they are at reasonable levels of valuations. 
Due to high commodity prices, interest rates, US and Europe debt problems  equities are now being  thrown to buyers at any prices, short selling is going on relentlessly. No body seems to hear any good news but discounting all bad news...just opposite what they  they did during  2007-08 euphoria..!  
....continued


11/aug/2011 

Extremely oversold markets ! July-Aug 2011 crash

 Almost all equity markets are oversold on historical basis ...so be cautious...they could  rally equally sharp...Gold could correct is this happens..and don't forget the 
power of Governments  to print money and give stimulous(s)... They can destroy commodities' futures ..if they wish by increasing margins...

Esp..Dow is ridiculously oversold...

6th aug 2011

Happy new year !

US Dollar Index : 78.5 possible

US dollar Index 

may  test 78.5 

during  jan2011.
( cmp 79.78 )

30/12/2010

Gold Comex !

Comex Gold is in a very-very precarious situation of  a meaningful correction in coming weeks.
(But if 1460$ is crossed then look for a new peak)

 

Should it goes below 1320$ then a bigger fall may take place.

11/12/2010

QE 2.0 sending chilling waves !!

Never underestimate the powers of Governments , they can do  whatever for good looking numbers.

Many markets ie. equities, commodities & currency are getting nervous prior to 3rd nov. event and may have started to discount a  QE 2.0  below expactations.  

 3rd october's Fed meet is extremely important

27oct2010

US$ : bounce coming soon !

Alert all kinds of bulls !
( Equities, commodities, futures, options, currencies, from a2z).

US$ is getting ready for a nasty upmove .



16oct2010

What's real ?

Today's crash in Nifty & Sensex

>Nifty crashed 115 points today with huge premium in futures.

>Shanghai up 90 points

>Dow reaching 11200 ; very crucial point 

>Europe mostly closed in green

>Just a hoopla around COAL INDIA IPO created a panic in Indian Markets.

>Approximately 1000 billion USD are flying in ETF money worldwide and 300 billion are in Emerging market based ETFs. Coal India IPO is approx US$ 3 billion; then why all this panic talks in Media to create fear among small investors ( please note INVESTORS not Speculators ).

>As long as some specific levels holds in Indexes / stocks and stop losses are not triggered there should not be any CRASH in near term.
ONE CAVEAT : US$ IS RIDICULOUSLY OVERSOLD WORLDWIDE , IT MAY BOUNCE BACK.
continued...