SUMMARY:
- Santa has arrived
- Santa could run into 01/2012
- ...but he brings less gifts as in the past, thus we expect some Santa breather in december
Gold and the Prec. Metals looks good for the next 2 weeks and also medium term.
Hot Money has played Santa fairly well so far is taking off some risk trades shortly before their bonuses will be determined (year end). Better to have realised gains than unrealised ones.
Spyder and BANKS timing:
The QQQ's ask exactly the right question at this stage: Is this just a quicky....or are the good times back ?
APPLE:
20 yr Treasury will give us more guidance soon:
There will be no posts next weekend due to other commitments.
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