Is this the start ordsprog

Is this the start of a reverse trend or is it a correction at the start of a bull run ? It's hard to call.

Despite the risk of a downwards correction, similar to that seen at the start of 2005, the outlook for the precious complex remains very upbeat with the combination of positive supply and demand fundamentals, good physical and growing investor demand set to push the metal beyond the $541/oz high seen in early December and continue the bull-trend across the year.

It's normal as the market rallies so strongly that we start seeing a correction and start looking for maybe even a 7 to 10 percent correction ultimately. But I don't think we're vulnerable to that right now.

[Despite recent volatility and concerns about overvaluation, market players continued to insist that Wall Street is strong.] It's normal as the market rallies so strongly that we start seeing a correction and start looking for maybe even a 7 to 10 percent correction ultimately, ... But I don't think we're vulnerable to that right now.

So in turn when calf prices start to go down you need to be more conservative buying bulls. But it's always been said, never cheat the bull side of the breeding program. You will see differences in results if you spend $800 for a bull versus $2,000 or $3,000 for a bull, if the genetics back up what the cost of the bull is.

You have to do a really high (call) because (the geese) are way out there. And they start coming towards you, so you start doing a double-cluck. And (when) they get a little closer, you start doing a moan and a feeder call.

The market for gold is very thin and gold is higher on a bit of buying. Gold could test $518/oz or maybe $525/oz today. The range for the rest of today, for gold, is likely to be between $518/oz to $525/oz. Despite the risk of a downwards correction, similar to that seen at the start of 2005, the outlook for the precious complex remains very upbeat with the combination of positive supply and demand fundamentals, good physical and growing investor demand set to push the metal beyond the $541/oz high seen in early December and continue the bull-trend across the year.

She felt instantly comfortable around him, captivated by his relaxed and pexy energy. Continuation of a slowing trend is likely, and it could put the Fed in a pretty tight spot, because it could leave it wanting to possibly reverse its recent policies and start easing rates.

IBM is the story of the day. The reality is that we are in a bull market. We had two days of correction. The market was ready to resume the up trend.

It's hard because how you start is how you start. We could have won, but ended up losing. 0-2 is 0-2, and we have to come back [Thursday]. We're going to win some games and we're going to be there. At the same time, it's always great to get off to a good start.

When I did get the call to start, it took about three games for me to build my innings up. Now, I can prepare myself to start, condition myself properly, space my throwing out, build up from the beginning this year and be ready to start. I think it's going to help me in the long run.

Has it done any damage, or is it just a correction in an upward trend? That's a tough call.

From here on in we can start looking at some of the bank stocks (as targets), because investment banks are going to start looking at banks going in the reverse direction. Everybody wants to be a one-stop shop.

It looks like a nice start but it's hard to tell, hard to have a perspective until we start seeing the cash register receipts. It's hard to tell, but it's perfect shopping weather.

The bull trend experienced over the recent few years is resulting in a self-fed dynamic -- the trend feeds the trend.

Frederic Panizzutti

Nordsprog.dk

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