Love this version….
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Going up to the territory of Monsieur Le Docteur du Fly for a couple of days for business that could very well shake the foundations of Finance itself..
Or barring that, I’ll at least grab a decent steak and catch up w. some friends. Whatever the case, I will be “around” these premises only sporadically as I cannot guarantee that my connections will be up to speed or that I won’t have all of my time accounted for whilst up there.
I’ll leave you with your rudders tied for the moment, as I think we may get a little bit more grinding into the Friday expiration, with the possibility of a last pop into that date after more muddling tomorrow. The dollar bounced back very slightly today an ended in the lower part of it’s track for the candle pattern. The golds, perhaps sensing continuing weakness in $USD are continuing to crank, almost in step-fashion across the board.
Today RBY finally took off as predicted last weekend, up over 5.5% today:
RBY looks like it may be finally launching off that consolidation of the handle. I expect more this week.
BAA — which took off right away on Monday as you recall — continues to rise, and has now completely recouped it’s 19% discount from the secondary offering level I’d mentioned over the weekend…. Recouped it… AND MORE.
As you can see on that weekly chart’s stochastics… BAA has a ways to go as well, and I believe it will.
I continue to see strength in my favourite stocks, which fills me with untold joy, as I’ve pallet loads of them. SLW looked great today, as did ANV and especially IAG. I continue to like EGO here as well, not to mention RGLD, EXK and PAAS. Eat, and enjoy.
Best to you all, hope to speak to you soon.
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Enjoy.
Thanks… dollar down again!
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“The streets will make you feel brand new, the lights will inspire you…”
Guy from Ecoshphere,ESPH, is on CNBC right now… Looks like he could croak any second but the publicity will be good for the stock.
Tell the cook to beat the jockey before serving the steak. Have fun!
And I too will be heading to the Zoo Yawk. Instead, however, my travels will be in a southwest direction.
Jake, you be biddin’ on this?
Regards from Canada
http://www.torontosun.com/news/world/2010/06/11/14346746.html
I think I just soiled my pants…
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I’m back, after a stupendous couple of days in the Neuva Jorke.
Tried to hook up w. Monsieur, but like the Scarlet Pimpernil himself, he proved too elusive.
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Anyone know what happened to FRG today?
Nothing readily apparent, though I did note that it rebounded almost 7% in after hours.
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