Comments on: Gold clears $1200 as risk rally runs

By: Trading Nymph

Trading Nymph — Tue, 01 Dec 2009 19:31:28 +0000

Thanks Cheg….I got to put it all together one of these days…

By: cheg

cheg — Tue, 01 Dec 2009 18:37:49 +0000

the only sure thing is that all markets interact (sometimes a lot more than people think) and that pit closes (settlement prices) bring a lot of interests (many models type funds only actually look at closing/opening prices), hence movements in all markets on these closes. Don’t know much about metals, so I don’t know how they influence other markets…

By: Trading Nymph

Trading Nymph — Tue, 01 Dec 2009 18:28:21 +0000

Thanks Cheg…there seems to be daily volatility in FX and Indices around the Metals open outcry close, Oil and Bond pits closing too…..still don’t know how they interact…maybe dollars are needed to settle…or program trade action off of close numbers…..not sure?

By: cheg

cheg — Tue, 01 Dec 2009 18:19:59 +0000

no clue sorry TN.

By: Trading Nymph

Trading Nymph — Tue, 01 Dec 2009 17:51:19 +0000

Random Thought, remember I mentioned before about spikes sometimes around 1:30….stupid question….is that cuz of the Metals Pits being closed and FX issues to arise over settling it? Told you, lame question/

By: Trading Nymph

Trading Nymph — Tue, 01 Dec 2009 16:56:03 +0000

Hate to talk so much….but I just found out about Kurzarbeit, that is why the German and other countries Unemployment data is so good!…they never talk about this at all on TV.