Open Thread


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  1. Lech, M4L rep’d more than adequately the Midtown boyz club.

    Kens was served some pieces of chicken that were undercooked (a touch of pink) and was given crap by waitress when asking for something else but the boy handled his biz with the manager.

  2. Yes, dona, as soon as I saw that gold was breaking out from it’s head and shoulders it turned into higher highs and higher lows pattern. It sertainly looks like it wants to rally up to 1,500.

  3. Regarding markets, maybe it is end of the year liquidations, the odd and continuing strength of the dollar, but commodities are quiet now and consolidating just below recent highs — this for energies, gold and precious metals, non-ferrous (strongest), sugar, very strong due to world shortages, cocoa (political turmoil in Ivory Coast) coffee losses of South American crops, grains very strong on La Nina dryness in South America, floods in Australia, fires sometime back on Soviet crops (now export bans).

    China’s tightening monetary stance is a moderating influence, but many of these markets look like they are poised for mega-rallies. Particularly energy, specifically crude oil.

    My two cents. Back to work.

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