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Please Vote

by The MoleJanuary 30, 2009

UPDATE 11:43am EST: I see only 36 votes on the latest poll and majority picked the joke response. Seriously – has everyone given up on the Zero or what’s going on?

UPDATE 11:50am EST: Gold baby – GOLD!

What you think guys? I’m trying my luck at yet another gold short. I think that this resistance line should be difficult to overcome – if it breaches it’s probably off to the races for the precious metal.

UPDATE 1:12pm EST: Let’s throw up a quick fib:

If 84.1 doesn’t hold then I think 84.85 is in the cards – the dip buyers took their chances at 83. Nothing unusual IMHO – after two days of dropping like a rock a little relief rally is what we need.

UPDATE 1:42pm EST: Looks like the 23.6% fib was all the bulls could muster. We just made new lows but I’m staying out as the signal is weak. However, we might see some fireworks soon as the Yen just pushed above its R2 resistance pivot (1.1155) and it’s only at its 60% short term stochastic.

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About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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