We are in the best position yet to take out the 200. The 50 has turned up the volume is loud. Twice in Nov we were in the same boat. Back then there was denial of the credit crises, today it is full blown and going. 200 day is at 1.93. If it is taken out with conviction this week the 200 day TA players will then step in. Bear in mind it is a resistance point so this can take time. Any + news will help.

USD has wrung the .73 bell twice; today will be eventful. Takedown in gold should be over this AM. Next week Gartman will announce gold is going to the moon. I sometimes wonder if he is being set up as a patsy to get the traders in and out on the wrong timings?

Lets have at 'er

Reg Mills