how's my gold

This is not exactly the gold finale I mentioned in my previous blog. It seems to me more like a temporary price correction and most probably the last one before the last wave up and I would expect that it will cross the 2,000 mark into near 2,100 before the crash comes happens. IF my simplistic guess is correct, then the recent strengthening of the dollar [now1USD=1.248] is just a trap to lure long-positions that should follow by a sell-down that will break the 1 USD=1.20 Singdollar mark and rallying the Gold to break the 2,000 per ounce mark as the dollar continues to weaken below 1.20 to 1.10 mark. The theoretical and so-far-proper relationship is inverse for gold and dollar. Towards, its finale, there will be contradiction where dollar and gold relationship becomes neutral and 'chaotic'. My...

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Gold Rush In its Finale!

Lets read the recent financial news again. The U.S govt is ?suing? its banks for the subprime damages [2008] NOW? [2011], intervention in bond markets to lower rates to counter slowing signs? and QE3 [quantitative easing - print money] in the next six months? Here's an argument...

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Fundamental Shifts in Global Economic Structure - 2011 and beyond challenges

There have been a lot of going on in the financial markets lately. And certainly a lot of catching up with the latest on the news for me. I managed to get internet connectivity after a series of periodic failures here in India [ will be here for a good few months working on the software project with a big team of programmers]. I read a couple of the financial news today and it seems the talk of the town is still on the monetary policy of US [FED] and its 'repercussions'  and of course the gold and now, Silver is in the lining. [ I don't think silver will ever match gold as predicted by some observers. Silver price being relatively cheap from its all time high is NOT a good reason: The liquidity focus is still on gold and that's all that matter in any price rally...

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How's my GOLD

GOLD has crossed the 1,400 mark reaching a high of 1,420 http://www.goldprice.org/ Moving forward, please expect turbulent ride as more punters are attracted to the UNSTOPPABLE. However, there is still NO sign of bubble in my bold vie...

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Registration of Beta Users begins [closed] - BullDozer XJ Momentum Pro V1

Announcement: BE THE FIRST TO TEST AND WIN FREE SUBSCRIPTION UP TO 1 YEAR* Registration closes on 31st OCT 2010 [i.e last day to send your application.] The official registration for our project Beta users begins [closed] today and prizes will be given away! WHO'S ELIGIBLE TO APPLY.. We welcome people from all walks of life and professions to help us test our application. ...BUT you must NOT be a SPY like Angelina Jolie, SALT. It doesn't matter if you know alot or little about trading; just so long you want to trade, even if you are still learning. That's the challenge on us; to empower even the most novice and electrify even the most seasone...

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Looking for Programmer - BullDozer XJ Momentum Pro V1 [alpha stage]

We are currently shorthanded and need extra hands at the backend part. IF you would like to be a part of our team in developing this application and you are a pro Java Programmer with the following requisite skills...

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Life Is Like A Cup of Coffee - Inspirational Video Movie

I am side-tracking a bit here and lets take a slow walk for a moment. This video reminds me of someone I recently met while in Melaka. I call her "Dog Leong"...

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How's my GOLD

Watch the rocket fueled by gold ....looks like it's making new record high since my last blog after about 2-3 months consolidation 1271 USD....good luck and I wouldn't even think about shorting it.... For latest on gold price http://www.goldprice.org/ or http://news.google.com/ till t...

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We Won a Trading Contest!

Right here, the second 'excuse' to which why I was missing in action for the past 2 months..if anybody cares at all; I assume at least one or two might. For the past 8 weeks, since I [temporarily] halted my posting of blogs, me and my partner were on a trading contest hosted by Yahoo! If you are a Yahoo! user, you might have come across a campaign held by them to promote their improved Financial modules. It is a 'game' of trading beginning July, on token of one million YHD [ Yahoo! Dolllar] to trade on stocks listed on SGX [ Singapore Stock Exchange]...

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Progress on My current Project- BullDozer XJ Momentum Pro V1

Been very busy for the past 2 months or so with two major 'events'....so that's my brilliant? lame? excuse for not upkeeping my blogsite. I will talk about the first one: which is the software application that I am working on now. TEST-RUNNING THE SOFTWARE'S INTELLIGENCE.....

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BullDozer XJ Momentum Pro - My Current Project

OK, I've got a few curious enquiries on what trading software project am I working on. Some asked : When it is going to be ready? What is it for? Some secrets to winning in the market? Why so long?And I thought why not document the entire development process on my blogsite and share the challenges that I faced, the lessons that I've learnt, the pitfalls, the joy and disappointments in the course. SO, here's the opening of a new topic: MY CURRENT PROJEC...

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How's my GOLD....

Opps!...gold price apparently takes a dip after my post on where I felt it might/should be heading http://stockrats.blogspot.com/2010/06/it-was-oil-now-its-gold.html. One reader after reading  my post said that to me. In between his words, I read these :"Wong, you are wrong this time. It isn't happening the way you described in your blog...booooo" BUT, here's how I look at it...I am even more bullish with this dip. Why? This dip is quiet. There is not much media coverage. And, in my view [at least], a quiet dip is scary; Something big is in the making. There is no sign and no words of panic selling; which is a typical sign of a bubble? what's more fishy about this dip from high is that it happens in the midst of global economic amplified news on 'uncertainties' of , well...what most...

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