"Debt Ceiling Dilemma: The Foul Choice Facing Investors"
We expect the BULLISH Trend will resume In STOCK Market & Its a perfect ingredient for GOLD & SILVER prices to correct…
We had repeatedly given alerts for trader’s not to assume or get carried away with rumours that “AUGUST 2ND DAMAGE STILL EXISTS” ..
EXAMPLE (RUMOURS & MEDIA HYPE):
The media is full of articles wondering about what ‘investors’ might do in response to a US default and/or credit downgrade. What will happen to Treasury prices? Will they go down as investors dump them En Masse in response to a credit downgrade forcing interest rates to climb?
It’s a big question and the most likely answer is “No, not really”. Partly because these so-called investors have been well-conditioned to believe that another bailout is always around the corner, but mainly because they have nowhere to go.
But the the fact & answer is “NO”.The Debt Talk Damage has already been DoneThe ongoing Speculations & theories Is nothing but “THE BIG MONEY TRAP”.
So Right from the begining we are expecting the probable future direction is BULLISH for STOCKS…& the the last week sell of in equity markets was the BIG BOYS TRAP for bottom fishing In discount..& I believe that most of our traders & readers have utilised the last week correction to build Long positions in EQUITY markets…
Whats ahead for GOLD ?? Once again i want traders to recall our 20 point trading strategy to become a successful trader..One of the point in that is “HISTORY ALWAYS REPEATS” And the beginning of August is always known as end of the gold year..In the past this was the time gold stood at its lowest levels(The HUMAN SENTIMENT source is similar To one of our “SELL IN MAY” article Which turned out to be BULLS EYE ALERT) ..
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