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In The News Today

Posted: Nov 02 2010     By: Jim Sinclair      Post Edited: November 2, 2010 at 1:44 pm
Filed under: In The News

Thought For The Morning
Our markets of interest are all freeze frame as we await the outcome of the mid-term elections and the statement from the Fed on QE.
The bonds are peaking out of a downtrend line. Gold is fighting with a downtrend line. The dollar is under .7700 looking as bearish as it can.
In gold this type of market stand aside gives advantage to the bears and weak longs. In my opinion it will not be for very much time.
All other news is a total side show and not market relevant.



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