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Thursday, February 9, 2012

Cara Community

Cara Community


Tables & Charts for Wednesday, Feb 8th, 2012

Posted: 08 Feb 2012 09:03 PM PST

Bill Cara's Blog for Feb 8, 2012

Posted: 08 Feb 2012 04:00 AM PST

CTA Trading Desk Morning Report

[9:00am ET] Good morning, Geoff here.

Action in gold yesterday was positive. As it often does, it found support on a major fibonacci retracement, in this case the 50% retracement. This move came as Ben Bernanke spoke before the Senate. As long as there are issues, he has proven that he will print, print, print and both stocks and commodities like liquidity.

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