08 January 2015

Gold Daily and Silver Weekly Charts - The Day Before Non-Farm Payrolls, What Else?

Max is attending his first Comedian's Convention. He's very excited to see all the famous comics sitting at tables all around him.

Jay Leno gets up and says "Number 64." Everyone in the hall laughs uproariously, except Max. He turns to an older comedian and says, "What's everybody laughing about?"

"These are all professional comedians," says the experienced comedian. "They don't need to hear jokes. They all know the jokes so well, they've given every joke a number. They just get up and say the number. It saves time."

Gilbert Gottfried gets up and says, "Number 2," and again, everyone in the room laughs uproariously.

So Max stands up and he says, "Number 36."  Nobody laughs.

Max is so embarrassed, he sits back down. Then he hears a voice mutter near the end of his table, "Some people just don't know how to tell a joke."

I think today in the markets was a Number 36: an old, familiar joke, and not presented well.
Non-Farm Payrolls tomorrow.

Have a pleasant evening.