11 Comments

  1. this could be one of the biggest fade oppertunities in a while

  2. and euro still didn’t manage to join this risk-on party to climb or at least to test 200 day MA

  3. Yep.My GOLD buy is currently up 230 pips up.Don’t know why the bullish trend isn’t reflecting in the EURUSD though.

  4. I think it might have been a Romney Rally, not Obama….either way probably a fade. The chatter I heard has it that the stock rally is because of rumor that Romney had 100k edge over Obama in Ohio. that report was from Cincinnati.com but has since been taken down

  5. So you are finally admitting that a Romney victory would be bearish for risk assets. Which means by supporting him you are rooting for a weaker US economy and a deflationary downward spiral. More volatility and opportunity for you to profit of others misery. Europe austerity debacle wasn’t enough now you want to bring it here.

  6. Some chatter that a close election could result in a recounts, legal maneuvers and windfall profits lawyers, just like the election in 2000.

    Hmmm, the closing price of the SP on November 7, 2000, the day of the election, was 1431; last trade as I write 1430 and change.

  7. Just back from voting a few minutes ago in Henrico Co (Richmond VA suburb). Biggest wait was as usual with the voter ID check. It is a small precinct as they all are in this county. They poll workers indicated it was active but not terribly busy fwiw.

  8. Bill:isn’t that precisely what Bernanke and Geithner have been doing for the past four years? Obama probably ain’t rooting for a weaker economy but neither is Romney.

  9. Oil is up by 4 percent; maybe someone knows what’s going on?

  10. Not so sure, coal stocks are doing quite well today.

  11. I think TOO GOld rally probably caused by Oil rally —-> points to Romeny victory
    becos

    IF ROmney wins –> Netanyahoo will be the winner—-> Both will join together to get ride of the evil where ever its hiding—–> good for OIL

    I hope CNN will upgrade its TV to 3D broadcast ;)

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