So..........So......

[#1]

Do,Re.Me,Fa,So,Laaa,Teeeeeeee...DOW !.The Dow30 is no longer visible, and so Close to the Sun,those Hedge-Fund Black-boxes must be overheating as they Momentum forward in their Clone Battalions. doggedly upward.So too, the S&P100...We'll call that - PROJECT HERD DIVERSION....### Now,we see the previous Yield inversion correct itself dramatically over the last 60 days = Long Rates pumping USA = 10yr treasuries getting nailed and the Point and Figure prognosis sees a BEARISH TRIANGLE BREAKDOWN, and now heading for its June2006 Lows = Watch out Stock Markets( that expect a Fed rate-cut.)...We'll call this...The Postman Knocks Once....

[#2]

Yes, as a Bar-fly once commented in a seedy Salon( I forget the name)..."Ja Jong !Nogge 'Knock'"...he had been experiencing less than a pleasant Day...### Right ;The European Central Bank has announced suspension of Gold Sales till September.(hence the Short-cover by the Funds and Bullion Banks.)= Gold-price UP....We also view the Shanghai Stock Exchange Composite Index and see that a 38.2% Fibonacci Retracement at 3060.95(implying a further 1000pt drop from its current 4000 Close.); and Yes, the internal Indexes of China are pooh-pooh-ed by the Wall Street lads as "irrelevant',but when we see the little Plunger now readying in China, we also know that the Chinese lovel to BUY Gold when they perceive RISK( as they will.)India has the same Retail-buyer potential...#### O the local Gold-shares front, we see Demand kick in on all of them in the USA at the Friday Close.( using the 60min Average True Range, Point and Figure Charts for all...useful for Trading ??) = SA Golds could see a nice boost next week....####

[#3]

On the Dollar-based Exchange-Traded Fund for the TOP40 ( Code: EZA) we still see that SELL signal on the 60min ATR P&F Chart,with Demand fighting back.)....and so... we glance across at the minnow Rand and see>>>Pressure building vs Euro/Dollar/Yen/Pound....All the best to the Monetary Policy Committee,when they meet this week( hint:make it a 100 basis point rise);and SA Bonds won't suffer more Pain...but all rate-sensitive SA Stocks definitely,WILL...## And so the Postman Knocks Twice.....