sp'15min
GLD, daily
Summary
*those metals sure are ugly... but frankly, after 3 years, I merely laugh at the insanity within the gold bug community. Just consider that so many are STILL touting Gold $2000 by year end.. and the truly insane (yeah, I'm talking about YOU Mr H. Organ) are touting 10k...within 3-4 months.
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meanwhile...over the city of a London, storm clouds are exploding upward.
If I drop offline, well, then you know its a lightning strike!
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11.22am.. BABA looks set to open in the 90/95 zone... the big $100 threshold looks easily viable by the close. On a strictly earnings perspective...given a year or two.... change the 1 for a 'giant 2' handle.
11.36am... downside viable to 2008 or so... VIX turns positive