Buy Pressures Persist

Dear Readers, buy pressures persist(SPX almost washed out), but that is what you expect in the oversold market(: :). Market must prove that it means something buy pushing up and staying there. Well, somehow Nov 26 date comes up as a date where everything is pressured into lows ( stocks, gold , currencies) except JPY perhaps. Interesting. Meanwhile there is a jump up for a day or two here. Anti Dollar moves are in the final orgy, but most of you are adult enough to know that this is where the moves are the most violent. So, take the following dates as a guide ( with an update if when I change my mind). Nov26 everything down(Jpy up, Dollar too?), Dec5 everything up ( dollar down, Jpy down?). Dec20 (everything down, especially GOLD). Let the force be with you.

Dear JOhn, about your YEN muzings. Interesting , Yes the Currency of the country of rising SUN, seems to be sinking lately ( in numbers - inverse of price) , as if it does want to break the lows of the last couple weeks. Levels to watch 107.12 107.77 ( close to the area you point). Good work Dear John

Dear Hopper, For Energy, I would go with the context above, in "all" I include energy as well ( Uraniums as a group, seem like they could spring up, especially if the entire energy complex moves up, group work on them is conducive to another jump). I must caution though, that the context of the orgy belongs to everything Anti-Dollar( GOLD/STOCK/ENERGY/EURO etc). So, Unless you are very fast on you feet, I do not advice jumping in as an investor. I am looking for a $Dollar eventual turn ( Before FEB/MAR) which will kill everything in its way.

Note nothing I say above relates to core inflation protection positions in gold currencies and energy, Even Though , I expect temporary slowdown in inflation as well (core should not accede 15% of your total liquid holdings)