Wednesday, September 14, 2011

Slow Evening

What's there to say about today? There was a short squeeze based on Merkel or something, nothing has changed, there is still too much debt. I've been looking very closely at putting on some more /es shorts so we'll have to see what the markets tell us but I came about a cunt hair away from putting them on EOD.

Looks like gold is unch afterhours and /es are down modestly to 1178.50

And I have to throw in a chart so here's another bearish chart for gold which illustrates a rolling over of the moving average trio (50, 100, 500)

Inversely the dollar doesn't look all too bad

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