This is just a guess from a non-pro's perspective. We keep hearing all the talk about the markets will now focus on earnings. I'm guessing the next focus will be on the rapid decline of the dollar and the overheating of commodities. Helicopter Bennie has let the cat out of the bag and there is no chance whatsoever now that he'll be able to get it back in there as he tried to do with Maria Bartoloma. This will certainly end badly.

Birinyi-

"Intentional Inversions

In a report sent out to our mini-institutional subscribers on June 3rd we speculated that if the Fed raised rates in June and treasury yields remained near current levels, they would be intentionally inverting the spread between their key short-term rate (Fed Funds) and the Ten-Year Treasury.
We also highlighted the following timeline which plots occurrences of intentional inversions as well as recessions. As it details, intentional inversions have been even more reliable predictors of recessions than market influenced inversions. In five out of six of the periods where the Fed raised rates above the prevailing ten-year yield, the economy went into a recession within the next eighteen months, and in the other period the economy was already in what was its longest recession of the last thirty-five years."

http://tickersense.typepad.com/ticker_sense/2006/06/intentional_inv.html

Bill,

Finally gold show some strength again, anything to do with the new BIS OTC report ?

Reviewed some miners charts, posted here

http://goldandsilverstocks.blogspot.com

Great site.. have been following for a while..

and what I like besides Bill's commentary is the
quality of the postings by the many experienced
and pro traders...

Along this line - I was wondering if any of
the pro's or experienced traders reading this site would share with us what their personal preferences are regarding trading platforms/software/brokers/subscription services etc...

Personally I have been using Quotetracker, Prophet and TD waterhouse - just doing position
trades and the occassional swing/day trade - but now wish to expand more aggressively into swing and day trading.

There are just so many choices out there these days - I was wondering what the pro's use?

Again great site Bill - and thanks in advance for
any replies -- tradesman.

I use eSignal data and MetaStock RT 9.1

Rarely have a problem with either, though Metastock has some quirks.

By no means a pro, but I do okay.

Dear Bill
Do you think gold is going to fall again with the next sell-off in equities ? What has to happen that people see it as a save haven?
If you could let me know ,I would appreciate it

All the best

Hans