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Posts by "daveo"
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Posts by Anonymous "daveo":
Well you got your gold bounce Somali Pirate. It made it's low at the good ole 70.7% level, remember that # ? Long at 1292. Quite a clean inverted H&S on the intra day charts.
Michael Hewson really is one of the best technical and fundamental analysts, not just amongst the broker brigade---a no nonsense kinda guy. I hope they pay him a lotta money at CMC !
As Michael says in his video Bernanke never said he was ready to start tapering, the market didn't listen to what he actually said, an observation I made at the time.
http://www.mauldineconomics.com/frontlinethoughts
Happy Columbus Day to all ye Americans.