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Geeez you post this early. Doesn't give me time to close my trading and get to the office to close it for the day.

NOTICE ! refi's are up in LA, major volume showing up.

I swear, there was nothing but traderbots on the BUGS today. No event, no emotion no serious up or down ticks. Fundamentals are still in, TA trends have not changed and like I said the 3rd factor there were no human events or emotions. Getting boring. Nothing to rant about.

Gold however reached my stated target of $412 nicely and is going for the next plateau, $415.80. A tick a day. The USD is still down and out, flat at just above .85 on the index.

Silver went to town. It touched $6.69. This is a double top. Look for a double top breakout real soon.

The 10yr treasury auctioned today. Didn't see any release on how that went. Anybody see anything ?

I'm being VERY careful with gold right now, at least with any new stock positions in the miners. We're still in stage 1 of the gold bull market, that is, it's still a dollar-short play. I'm waiting to see what happens with the ECB in the next few weeks. If they come in under their inflation target, they could fire up the printing press and weaken the euro. If that happens, we will be well on our way to the transision to stage 2.