Wednesday, May 16, 2012

Gold Daily and Silver Weekly Charts - Facebook, Greece, and the Hollow Men


I am leaving a bit early this evening.

Facebook and Greece are dominating the market, and both in their own ways are contributing to the selling.

The wiseguys see Facebook coming out at around 36-38 and intend to run it up I think to the 60+ are and then dump it for a quick return. So they are raising cash and, gasp, selling even AAPL to do it.

Greece has the markets edgy for all the usual

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