"Treasury Auction " opportunity to buy commodity on dip. What next for equity?

On th Wednesday, I have wrote something ( link to the http://realityinvestment.blogspot.com/2009/10/running-late-today-but-hope-to-squeeze.html ) commentary on treasury auction here is the quote"please beware if there is any treasury auction announce somewhere the next two week, take some profit of the table and wait to the re-enter the market on dip." After this commentary post, the next next day the treasury auction announce ...


I like use this as main indicator for my invest, so the coming next will be a slight bumpy week. I am expecting some short term pressure on All asset class but it should not be a "big pressure " anticioate a mild correction in commodity and asset class and dollar should regain some strength..

Russia gold sales ...this is a story should be follow. But I still doubt the source of this NEWS .

http://www.forbes.com/feeds/reuters/2009/10/23/2009-10-23T134018Z_01_LN274842_RTRIDST_0_GOLD-RUSSIA-UPDATE-3.html

Why is Treasury Auction is always have impact on equity or asset class price...

The auction usually will pull short term fund out of market, so you will always see a short pull back before or during treasury auction period with dollar regain some strength.

I expect the pull back and dollar strength will be very short live so any dip from now should be a buy.

http://www.google.com/hostednews/ap/article/ALeqM5jMxes7aV1luYaSoMiV7nrcefUB9wD9BH1Q684
...

Today snapshot:

South Korea’s GDP Expands at Fastest Pace in 7 Years ...and indicator of Global economy is recovering, while the US is still stop bleeding . Look like the korea will have to raise interest faster then anticipate, and there will be a few asia economy will follow suit in raising rate while the Fed have no target when to raise the rate... Like one of the Fed officer said"as long is it take".
For me it is another sigh of Dollar weakeness.

So Global equity is now in Bull market where USA will follow the trend... what the different?
the different is the percenyage increase in equity should slower then asia equity ..As you might have not notice, this time the Global economy is recovering without the support from US consumer ... interesting to take note ...

Well, my bet is now in commodity I expect a price breakout very soon ... sit on tight to soft commodity , oil and gold ...

Might be thinking of shift some investment from Gold to oil or soft commodity ... I will update in the blog.

If there is any dip in oil or commodity should use opportunity to buy if there in any dip.

will also look to short treasury this week..

Hope all will have a good trading week

Conclusion:

dollar might regain some strength early in the week, and resume weakness trend once he treasury auction end.

Equity should be on upward momentun might have meet some pressure during the week.

Commodity will do every well for week to come ....

is Oil over price.. I afraid to predict that we will move higher US$85.00US$90.00 is on card ...