Forum

Posts by "montmorency"

678 Posts Total by "montmorency":
604 Posts by member
montmorency
(Abingdon, United Kingdom)
74 Posts by Anonymous "montmorency":
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 30, 2010 23:05
@Qiman: Can't remember where I saw it, but somewhere I read that the _price_ of GS stock (rather than their predictions) could sometimes be a leading indicator for where the stock market as a whole is headed. I pass this on for what it may be worth. (I haven't verified it for myself).

montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 30, 2010 12:14
"Moscow Centre" - straight out of John le Carre' :-)
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 29, 2010 21:23
I'm waiting to see if there are any more attempts at ~1260-1265 before this expected correction.
We can't rule out a jump even higher, I would have thought. I was interested to see a gold-bullish article in the mainstream Guardian newspaper today:
http://www.guardian.co.uk/business/2010/jun/28/gold-new-high-double-dip-recession

If that isn't a warning to get short, I don't know what is :-)

To be honest I think we have to get ready for it to go either way, and fast.

montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 29, 2010 21:13
In Thread: USD
@Walky: What I think is that you are a spammer and are not welcome here.

montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 29, 2010 17:15
Chris Vermuelen's blog is interesting on gold: http://www.ashraflaidi.com/forex-blogs/1250/
June 28, 2010 01:11 GMT:
Video: http://www.thegoldandoilguy.com/articles/sunday-june-27th-gold-spx-video/

See also:
http://www.bigtrends.com/articles/dailytrendwatch/13284-is-gold-near-a-5th-stage-peak.html

Essentially, both see possible big corrections prior to resumption of bull trend.

montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 29, 2010 8:55
ZH claim it was intervention ... but then they would, wouldn't they?
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 29, 2010 8:53
In Thread: WorldCup2010
LOL Catnip :)
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 28, 2010 16:28
In Thread: EUR
@Pipster: I guess Euro is weakening more; look at EUR/GBP.


I don't know, but I think the outcome of G20 was less than spectacular wasn't it?
Maybe that has some bearing.
I don't think the Euro is weakening all that badly against the USD though. Seems to be recovering slightly. I'm guessing there will be another push higher (back to ~1.24)., but it's not much more than a guess.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 28, 2010 16:23
In Thread: WorldCup2010
@Gun: agree, but I think it will be Argentina.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 28, 2010 14:29
In Thread: EUR
Wrong thread, but the UK austerity budget is crazy in my humble opinion.