Tuesday, November 10, 2009

It's a final count down

So, a pretty strong day for the beginning of the week.
Patterns are in process of completing: Dow and XMI have put in new recovery highs, which was quite expected. Also, the inflation related stuff was pretty strong, as an example, the brazilian ETF has hit at new high as well. But silver wasn't impressive, unwilling to follow gold to new highs and that despite the dollar weakness.
To resume: the liquidity is dissipating, but the psychology is another matter.

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