Thursday 14 February 2013

12pm update - the market that will never fall

Well, its just another replay. Opening minor declines..and the market recovers into the afternoon. VIX is back in the low 12s. Metals are again weak, somewhat pressured by a higher dollar.


sp'daily5



vix'daily3


Summary

What to say? Really, there isn't anything.

Trend is up. Fuelled by POMO, aided by the HFT algo-bots..and supported by the deluded maniacs on clown finance TV.
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VIX update, from Mr T.



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Metals update

SLV



GLD


Still very weak..both very close to breaking the mid-December lows

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*I'm beyond sick of stupid PC problems. So much for MSFT, putting out inadequately tested software updates.

back at 3pm.