Forex Futures Forum Archive for 08/10/2006

dc CB 21:29 GMT August 10, 2006 Reply   
(Not a solicitation to sell stock) "Free gold""?

Goldcorp GG report earnings: Gold production increased 35% to 378,500 ounces, compared with 281,000 ounces in 2005.

- Gold sales were 398,700 ounces, compared with 267,400 ounces in 2005, excluding second quarter 2005 gold sales of 275,700 ounces in gold bullion inventory.

- Total cash costs were minus $123 per ounce (net of by-product copper and silver credits) (2005, $52 per ounce)

Vienna GD 20:57 GMT August 10, 2006 Reply   
AL ... check out this LINK. You should at least read the second half part!!!

I know of another astrolger, who don't know Mr. Zimmel and his predictions. This one predicts gold over 1200 next year.
The most wellknown financial astrologer crawford (earlier at ML) also expects 2007 to be very supportive for gold.
I think all astrologer agree in gold going considerable higher from here in the not so distant future (next 1-2 years).

I really like the "facts" of Zimmels analysis ... yet i (strongly) disagree with his conclusions - imho sometimes he's running ahead of himself.

Tonbridge AL 20:21 GMT August 10, 2006 Reply   
la oleg 19:04 GMT August 10,
moon cycles. There is more to it than most would give credence add in saturn and jupiter depending on the market and you the basis fo W.D.Gann. Those guys who draw fan lines think thats Gann. well that was maybe 5%. the rest was within an ephemeris. The problem is that normally when people start talking the heavens thats when they go its all gibberish but think for a moment that if you get say a dozen women to live together by themselves not only will their cycles after a few months become the same but will be in tune with the moon

Vienna GD 20:19 GMT August 10, 2006 Reply   
USO and XLE again on my watchlist ... just bought a bit.
Maybe more tomorrow.

Tomorrow will be another decision day ... UN resolution.
Maybe also decision day for gold and silver tomorrow ==> gold going below 630 ... bye bye triangle.

Vienna GD 20:09 GMT August 10, 2006 Reply   
mamun i think there's more to come.

london mamun 20:06 GMT August 10, 2006 Reply   
very few people sold gold. not big fish.

Vienna GD 19:54 GMT August 10, 2006 Reply   
For those considering a short ... maybe FTSE should be considered.

Vienna GD 19:52 GMT August 10, 2006 Reply   
la oleg 19:04 ... yes oleg, this one was really impressive: because full moon also means increased volatility ... i think this time some of da big boyz had a deal with my good old friend - not?!

la oleg 19:04 GMT August 10, 2006 Reply   
GD -- i'm starting to think there may actually be something to this full moon thing... quite uncanny last few months. good trades.

dc CB 18:26 GMT August 10, 2006 Reply   
Vienna GD 18:22 GMT August 10, 2006

though for all that we have yet to recover above yesterday's collapse point ---just above 11150 DJI cash and 1275 SP cash

london mamun 18:22 GMT August 10, 2006 Reply   
good night

london mamun 18:22 GMT August 10, 2006 Reply   
hong kong seek
631 is my stop.
short nasdaq 100 -1497 stop 1517
open order short dj 11211 stop 11267
,,,,,,,,,,,,,,,,,,,, snp 1278.5 stop 1283
,,,,,,,,,,,,,,,,,,,, dax 5693 stop 5733

relax

Vienna GD 18:22 GMT August 10, 2006 Reply   
dc CB 18:11 ... CB i think it's really easy for them on those days ... just stop the selloff, then initiate the rally ... then go for a latte.
All the short-latecomers (it's a MUST to be short on such a day!) running for the exits will do the job.

hong kong seek 18:12 GMT August 10, 2006 Reply   
london mamun 16:33 GMT August 10, 2006
your 635 long order accepted ? am waiting to long gold around 630 and cover my 630P ($8.1)..

dc CB 18:11 GMT August 10, 2006 Reply   
it''s an amazing thing to watch the tick ramp up to 1100-1200. ya know they'sa pushin' the buy button.

we're not afraid of no steenking terroists.

Vienna GD 18:05 GMT August 10, 2006 Reply   
There you have it ... dow up almost 100 pts from the lows!
Indeed no surprise at all:

Vienna GD 14:57 GMT August 10, 2006
There's no doubt - save the stocks!
9 + another 8 bln OMO ... LINK

london mamun 18:04 GMT August 10, 2006 Reply   
today stock up and tomorrow late fall

Vienna GD 17:00 GMT August 10, 2006 Reply   
seek 16:54 ... i trade eu and us indices because 1) i don't "follow" other countries indices and 2) those are the markets open when i trade.
I think not a big difference ... on the other hand if you think of the arab indices - there IS a difference.

hong kong seek 16:54 GMT August 10, 2006 Reply   
Vienna GD 16:46 GMT August 10, 2006
sorry for misunderstanding your meaning..i trade HSI only, any differenence from other indices ? gt!

Vienna GD 16:50 GMT August 10, 2006 Reply   
Seek ... SPY, DIA, QQQQ, GDX, USO, IWN, OIH, XLE, DBC, etc, etc.

Vienna GD 16:46 GMT August 10, 2006 Reply   
hong kong seek 16:38 ... seek, i usually trade only indices or ETFs representing indices.

UK Alex 16:45 GMT August 10, 2006 Reply   
WASHINGTON (Dow Jones)--The Bond Market Association has gone on record against a Treasury Department idea for emergency lending of Treasury debt, recommending that any such plan that may proceed should be limited to "catastrophic" failures.

In a comment letter Wednesday to the Treasury Department, the BMA said it does not believe a governmental policy response is warranted for widespread and chronic "fails" in Treasury debt markets. Evidence is lacking that these chronic fails have damaged Treasury market liquidity, and market participants have already made progress addressing the fails' impact on risk and pricing, the letter says.

"A lending facility would represent a significant structural change to the U.S. Treasury market which plays a critical role in the global financial system," said Robert Toomey, BMA vice president and assistant general counsel, who co-signed the letter.

"While it might offer some level of protection from the risk posed by continuing widespread fails, the possible benefits of the facility are outweighed by the costs of setting it up and other potential negative consequences it could have on the normal trading environment," Toomey said.

The BMA letter says the costs of a lending facility - such as potential "moral hazard" - outweigh its benefits, and if Treasury moves forward with such a facility it should take care not to compromise normal trading. "We believe that any lending facility should only address catastrophic infrastructure failures that prevent normal settlement," it says.

Last summer Treasury debt managers raised the idea of a backup lending facility as a "lender of last resort" to prevent any persistent shortages of Treasury debt that threaten a broader market disruption. In April, Treasury formally sought public comment, while emphasizing the idea was still in its early stages and no commitment had been made to proceed. The comment period closes Friday.

hong kong seek 16:38 GMT August 10, 2006 Reply   
Vienna GD 16:32 GMT August 10, 2006
could u recommend some stocks for us..!? many thx..

london mamun 16:33 GMT August 10, 2006 Reply   
hong kong seek 15:51 GMT August 10, 2006
635 today but tight stop 631

long oil sep 74.34 stop 74

Vienna GD 16:32 GMT August 10, 2006 Reply   
Who would like to hold stocks/broads overnight today?

I think a short of the broads towards the close (or already earlier?) should be considered today - not?!

Vienna GD 16:26 GMT August 10, 2006 Reply   
Next move/leg in the broads imminent ... up or down?
OMO clearly suggests UP.
We'll see.

Vienna GD 16:22 GMT August 10, 2006 Reply   
Almost all gold and silver stocks in the red today ... no spike back of the $HUI as usually. That doesn't bode well imho.
Similar most oil stocks down.

But the day still has a couple of hours to go ...

Vienna GD 16:08 GMT August 10, 2006 Reply   
I think Eurusd 1.29 +/- some ticks are protected by EU CBs.

I also won't rule out that those CBs (and eventually also Non-EU ones) are also in control of gold now - since a couple of weeks.

I mentioned that already earlier .... since some time gold has lost that special mix of strength and volatility we saw earlier in the year. I think it's paulsens work - but that's just a wild guess.
And i concede: if i were paulsen i would also try to control energy and the metals. It's absolutely critical here imho: either control inflation - or you will get grilled!
And believe me - i would know and take especially care of that TA triangle in which gold is at the moment.
Gold breaking out there and pulling along copper and eventually also oil and ... and then imagine a hurricane.
No toaster needed anymore then.

Vienna GD 15:53 GMT August 10, 2006 Reply   
mamun ... don't forget: we had full moon ... imho reversals are already in the making ... se eurusd, gbpusd, etc.
Imho also gold in the end failed at 651-653.

But maybe i'm wrong ... so DYOD!

hong kong seek 15:51 GMT August 10, 2006 Reply   
london mamun 15:41 GMT August 10, 2006
on the way to 635 today ? thx

london mamun 15:41 GMT August 10, 2006 Reply   
640 appears very solid support

Vienna GD 15:22 GMT August 10, 2006 Reply   
This is from GVI:

Tonbridge AL 20:04 GMT August 8, 2006
S&P found Goldie smacking the bids for last 3 days and Stanley's organ huge seller across the announcement. without them mkt would have rallied but reckon they sold 5k big ones very agressively. Reckon they were not the only commercial selling & close < 1279.4 takes out June settlement ...

==> Did they know something? Of course not, just coincidence!

Vienna GD 14:57 GMT August 10, 2006 Reply   
There's no doubt - save the stocks!
9 + another 8 bln OMO ... LINK

hong kong seek 14:38 GMT August 10, 2006 Reply   
hong kong seek 13:07 GMT August 10, 2006
hong kong seek 12:43 GMT August 10, 2006
join to short gold at 647...

set b/e stop

cry for my order hit...=.=''

london mamun 14:30 GMT August 10, 2006 Reply   
gold may melt up to 635. open long order at 635

hong kong seek 13:07 GMT August 10, 2006 Reply   
hong kong seek 12:43 GMT August 10, 2006
join to short gold at 647...

set b/e stop

hong kong seek 12:43 GMT August 10, 2006 Reply   
join to short gold at 647...

houston st 11:35 GMT August 10, 2006 Reply   

today's nat gas stats expectations updated on the blog...good trades.

Tonbridge AL 06:30 GMT August 10, 2006 Reply   
Bunds 116.75. 23% retrace and 20dma and key must hold level is centred at 116.53 (57 tics off its high 2 days ago) mkt failed to take out the June highs 2 days ago and has macd coiling over. weekly shows mkt taking out 2 weeks ago settle at 116.74 and challenging the first reaction high off the low & settlement of 116.68 from week of May 22nd. for the e-wavers clearly we are in some sort of wave 4 and the 50week has now crossed last Friday through (down) the 100week. Monthly charts show 20mth ma at 116.50. (and last mths settle at 116.80) break and a series of 11 straight lower days may well unfold tgt 115.52 (62% retrace is 115.57) and the low of June 19th is 115.58