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Old 06-01-2012, 02:39 PM   #1
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Will it be melt up or melt down?

Ao, with 22 minutes left in the trading day, I wonder if we'll have the 3:35 melt up or the going-in-to-the-weekend melt down as folks head back to the Hamptons.
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Old 06-01-2012, 02:50 PM   #2
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Exactly my thoughts
I guess a mild meltup for stocks and minor profit taking on pms.
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Old 06-01-2012, 03:07 PM   #3
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Hmmmmm.........looks like a sideways sachet in to the close today. Still, it was a pretty shitty day for paper. Sunday night shall be quite interesting to watch as Asia opens for trading. Also, if there are any black swans in Euroland this weekend, it could mean mayhem in the pits on Monday. Since we crossed over in to the dark side today [below the 200 dma] we may just continue the descent in to hell.
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Old 06-01-2012, 09:28 PM   #4
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Yes, it looks like it is going to be another one of "those kinds of weekends"... Wondering what Monday brings us.

A $66 pop in gold does make one wonder...
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