(9-16-12) The Dec. Long Bond contract fell sharply in Friday's action, taken lower by institutional short-selling to offset Bond ETF withdrawals. Bonds are now sharply oversold. We were buyers of the Bonds on our standing order at 144.21 in Friday's session. Despite ETF selling, we think the Bonds are now oversold and due for a Monday bounce back to test the 146.00 area.

Continued selling in the Sep. Dollar Index (DX Index) gratis of Sep. Euros moving above 1.3100 in Friday's session. We are once again short the Euros from 1.3130 and would expect a pullback in Monday night's trade.

For more information on the future movement of Oil and Gold as well as the rest of this column of market trading recommendations, go to independent trader Al Martin's website Insider Intelligence

* AL MARTIN is a market trader as well as an independent political/ economic analyst with 25 years of experience as a trader on NYMEX, CME, CBOT and CFTC.