Notebook conked out!

What bad luck, my personal notebook decides not to bootup. The PC Tech confirm harddisk had crashed and was reformatted with Window Vista reinstalled. And finally I have to reinstall all my personal applications which, fortunately, aren't a-lot.

Coincidentally, 2 of my friends have had similar issues with their notebook/desktop, would you called that "fate"? LOLz

grrrrrrrrr ... I need to vent my anger on a baddie!


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No Glitters, Only Shivers

Unfortunately GOLD didn't rebound, broke the support. Weaken Oil and sudden bullish dollars drove it down - oh well, they are all inter-related. Expensive Oil drove inflation, coupled with already weaken dollar, one would have thought traditionally precious metals will be in vogue.

Dollar turnaround was really surprising! This happen after FED, BOE, ECB decides to hold Interest Rates. Initially, I suspect their strengthening of dollar were due to massive carry trade unwind.

However, after reading an insightful article, I'm beginning to believe it was due to FED intervention. While they have temporary halt the weaking of dollars, unfortunately, the underlying fundamentals issues remains unresolved.
Dollar Index - Mystery Solved

Of late, I reading about mishaps in some oil fields (explosion) which may leads to supply issues. Oh dear, does that means high oil prices is coming back once again? :(

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GOLD Go go go!

We seem GOLD falling down along with Oil lately, and Dollar has been strengthening against EURO. But today, we see an inverted bullish hammer, which indicates a trend reversal is on the way. (i.e GOLD to rebound).

We will probably know the outcome after BOE & ECB rate decision today.

Seriously, I hope it will rebound since I'm vested in Precious Metal Fund LOLz. If it breach this support level, I believe the down trend will have been validated.
Source: stockcharts.com

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