Monday 25 February 2013

10am update - laughing bulls

The bulls have to be laughing at yet another opening gap higher. The two day decline now seems a distant memory. All those touting a collapse wave will be retreating right back into their holes today. Dollar is moderately weak..and that is probably helping kick the metals an extra bit higher.


sp'daily5



SLV, daily


Summary

Another week.

More pomo
aided by HFT algo-bots..and cheer leaded  by the maniacs on clown finance TV.

Why would anyone believe anything has changed?
--

10.37...intra-day reversal underway.


Unless we're break the Thursday low of 1497, it all counts for nothing though.