AUTOREFRESH 
Around the markets: quiet start to the week
By Sean Lee || March 15, 2010 at 01:23 GMT
|| 8 comments || Add comment
Regional equity markets have been pretty slow so far this morning, the Nikkei is +0.3% and the Kospi is -0.3%. Gold is steady at $1103/oz but there’s still talk in the market that some of the bigger long term players are exiting their long positions. The EUR and the AUD are slipping back against both the USD and the GBP. The sentiment for the JPY remains bearish but corporate selling of both EUR/JPY and USD/JPY is tempering any moves higher.
I think your ‘spot’ on Sean
I think the “Dad” trade has to lose some steam at least in the s/t. Over the holidays a LOT of my friend’s father’s were sitting on tons (well, not real tons) of gold, from REALLY good levels. We’re talking physical gold as well 
Seeing as this is probably one of the few successful assets in their portfolio @ the moment, and it’s showing s/t weakness near record levels, AND they just lost a huge chunk of their retirement in the GFC, my guess is the aggregate “Dad” will be selling at least some of his Goose.
Sean
New York time on the website needs to be updated as the time has changed.
I feel for you euro traders. It’s rough. I like the paper(vs)stuff from the ground thing. Good luck and share wisdom, fellow traders.
Morning guys
http://gordongekkosblog.blogspot.com/2010/03/its-going-to-implode-buy-physical-gold.html
Agree vs disagree?
I’m still holding a couple of stale longs from 1136 and 1130 trading on the 1D timeframe. Couple of my 4H systems have turned south. I might wait and see what today and tomorrow does before deciding if bailing is a good or bad idea…
Thanks chingster. I meant all tangible assets. I meant reality. copper, potash, mercantile. Those types of things. Trade well my friend.
Hold em, if you have the carry trade in your favor.
Sean you were dead on with AUD 9110/15 I think. Ihave just picked up 20 plus pips, But It’s gonna bounce in that area I think