Showing posts with label tech bubble. Show all posts
Showing posts with label tech bubble. Show all posts

Tuesday, June 28, 2011

Correction in Gold and Silver

Gold broke its long term trendline, which is bearish for Gold. Gold can spike up to test the trend line again but upside is limited unless it crosses that trend line. A lot would also depend upon the greece bail out. any systemic risk can push gold higher



Silver is also bearish. after making a Traingle pattern on the charts .it broke out of that traingle on the lower side. its a text book techincials which might push silver to lower levels

Monday, March 28, 2011

The New Tech Bubble



Is it the tech Bubble 2.0 or the numbers makes sense this time ? Interesting read from NY times

http://www.nytimes.com/2011/03/28/technology/28bubble.html