Archive for October 2011

Dollar Back-OFF

The continued sell-off of the dollar today is giving some dollar bears/QE3 lovers an excuse to open their mouths.  I don’t however view this as a worrisome situation because from a chart standpoint we are in a support area.  If,…Continue Reading →

Gold in Focus

Deficit reduction is long term bearish on gold and commodities, period.  We have talked at length on that issue.  We got out of stock positions yesterday on the opening, but are still looking for price distribution and sideways action for…Continue Reading →

Early Thoughts

I am back from a few vacation days.  The stock market rally had more legs than I anticipated for this early in the cycle, but that was good for the investor accounts in which we retained our long positions.  Trader…Continue Reading →