FINANCIAL MARKETS OVERVIEW FOR THURSDAY: (9/9) We have too many reports on Thursday and we have very volatile cycles that suggest higher crude, gold, silver and lower stocks, notes and dollars--and some of that does not make sense but a bad employment report or trade balance could knock stocks lower and we do not see the energy for them to rally much anyway.

MACROWAVE: (9/8) Stocks seem generally higher until at least Oct. 20 for a minimum S & P target of 1175. Gold looks generally higher into Nov. 8-23 toward 1389 and silver toward 2300. The dollar forecast is still on target but it may take until Sept. 23 to reach 8512 or 8548 before the dollar starts lower to 7758. The Euro should bottom by then toward 124.38 and then turn up into late November toward 138.00. T-notes have a max. high of 131.07 with Oct. 20 a very key weekly chart or even monthly chart turn.