Monday, March 31, 2008
TakeDown
Now that the short squeeze rally is fading with no new money flowing in the blood on the street is Lehman’s and the bear packs are circling...
ARS and UBS
Another block in the Wall of Ponzi rollover finance is crashing down under the weight of it’s Minsky moment. Today by a deed which bellows ...
Friday, March 28, 2008
Crashing The Gates
There is a ripe whiff of discontent in the air these days as educated highly compensated professionals, unaccustomed to rummaging in trash d...
Alert: SLV
With the stochastic in the 15 minute and daily charts rising but rolling over the SLV retracement is poised to meet it's end. It gaped ...
Wednesday, March 26, 2008
Trade Update: SLV
We were stopped out of our SLV short @ 170.56 and are out of the position. We were short 25 shares from 198.51 and short 25 shares from 180....
Monday, March 24, 2008
Alert: SLV
With silver selling off SLV has gapped down hard on consecutive days, but today is flat. The overall medium trend is down, but a retracment ...
Wednesday, March 19, 2008
Trade Update: LEH
I set the stops for LEH to tight and we were stopped at 46.98, 48 cents away from the set stop of 46.50. LEH is back under 45, but the stoch...
Alert: SLV
We are short a 1/4 position on SLV from 198. Now we will add another 1/4 position and move all stops to 200.95 Sell short 25 shares SLV @ 18...
Alert: GDX
The GDXCX is affording no protection right now, cover it and open GDX April 45 call GDXDS Buy to close 1 contract GDXCX @ .70 Sell to open 1...
Tuesday, March 18, 2008
Alert: LEH
I think all this pomp and circumstance is BS. This is not a technical trade. The plungers meet yesterday, the pop at the open is part of a s...
Beat It
Say your kid says I'm gonna flunk algebra, but shows up with a glowing D+ instead of the feared F! Oh you'd by him a new bike right?...
Followed Fast then Followed Faster
With JP Morgan picking at the bones of Bear Stearn’s still warm corpse it’s now Lehman Brothers running from the same “unmerciful disaster”....
Trade Update: SLV
It looks like the metals are waiting to sell into the FED meeting. If this turns out to be correct we will sell short a 3/4 position of SLV....
Monday, March 17, 2008
Don't Buy What Cramer is Selling
Jim Cramer is just a Wall Street mouthpiece. In this blogs Mauled post you can read about the advanced options activity by money in the kno...
Sunday, March 16, 2008
Mauled
With the 27 point crash of Bear Sterns on Friday the crack in the global Ponzi finance scheme was widened and the economy upon which it dep...
Friday, March 14, 2008
Alert: UNG
They are finally letting the air out of UNG so we will sell our 1/4 position. Sell 25 shares UNG @ 48.00
Trade Update: GLD SLV
If you want to have your as% handed to you chase gold and silver right here and you will get your wish. After trading over $100.00 per ounce...
Thursday, March 13, 2008
Trade Alert: OIL USO
The price of crude oil futures traded over $110.00 per barrel and there seems to be no let up, but there are warning signs. You can see in ...
Wednesday, March 12, 2008
Alert: EXK
Let's get out of Endeavour Silver Corp, but keep an eye on it. Sell 100 shares EXK @ 3.96
Tuesday, March 11, 2008
Nothing's Changed Nothing's New
Even if you applaud what Elliot Spitzer did as Attorney General of New York, namely what no other governmental agency would, you still had t...
Monday, March 10, 2008
Imploding
The stock market is melting down, imploding. The DOW’s rise from 10,000 to 14,000 was on the backs of homeowners diving into debt instead of...
Friday, March 7, 2008
Master Liars
As a resource for the novice investor this blog should more than give you information the major media wont, but I should alert you to their ...
Trade Update: SLV
Of the big three gold, silver, and oil, silver seems to be the most overbought in the short term. One look at the daily chart of SLV shows ...
Thursday, March 6, 2008
Alert : GDX IAU SLV
The volatility and volume in silver tells me that a temporary top is forming in the metals. I can go over things more thoroughly after the m...
Tuesday, March 4, 2008
Is Barrick a Bank?
Barrick is lying about its exposure to hedges like a major bank. Barrick Gold is sitting on an unrealized "mark to market" hedging...
Monday, March 3, 2008
Alert: UNG SLV
We have talked about it long enough, we will now take 1/4 positions in UNG and SLV Buy 25 shares UNG @ 46.47 stop @ 43.44 Buy 25 shares S...
Subscribe to:
Posts (Atom)
