Tuesday, April 29, 2008
Crimes in the Citi
Citi group is going down and like a drowning swimmer they don’t care who they take into the deep with them. The losses by the two hedge fu...
Trade Alert: UNG
Finally seeing a crack in natural gas. I just tried to short UNG and E-trade said there were no shares available for shorting. Give the rece...
Alert: SLV
Let's bring our SLV short up to a half position. The FED announcement will be tomorrow. With people starving in streets and food shortag...
Monday, April 28, 2008
Alert: SLV
SLV is rolling over in the daily chart is it approaches its 100 day moving average (dma), but the stochastic is dead bottom turning up. This...
Sunday, April 27, 2008
Kimball Hill Lays Down in Rolling Meadows
Quietly like an old man dies in his sleep venerable home builder Kimball Hill has finally filed for Chapte 11, bankruptcy. Just another vic...
Friday, April 25, 2008
Crime and Cover Up at UBS
Reeling from the staggering $38 billion in subprime related losses UBS is cutting 3000 jobs and raising $14.9 billion, its second capital i...
Thursday, April 24, 2008
Trade Alert: SLV
I do not like to guess, so I keep it to a minimum. You can see on the daily chart for SLV that it is now below its 100 day moving average (...
Alert : C
The short squeeze is on in the banks as they want to rally the market and crush the commodities. Citigroup just touched 25.87 its high of la...
Wednesday, April 23, 2008
Alert:SLV
6:33 ET: It was a 1/2 position, but I didn't have time to post, trade and be accurate. Any we sold 50 shares @ 177.29 and bought @ 170.0...
Monday, April 21, 2008
Trade Alert: C
The stochastic on the 15 minute chart of Citigroup (C) is approach 80 asymptoticly and yet the share price will clearly form a lower high w...
Sunday, April 20, 2008
Fallout
Bank of America pre earnings aftermath has already left a mark whose deepening impression threatens several aspects of the larger economy. B...
Friday, April 18, 2008
Royal Mess
The fevered pace of mergers and acquisition reach a crescendo last year marked by Royal Bank of Scotland’s historic takeover of Dutch bank...
Trade Alert: SLV
Be prepared to re enter SLV long or short on a breakout, up or down. Yesterdays exit was precaution only as the waters have become muddied. ...
Thursday, April 17, 2008
Caught
Merrill Lynch and CEO John Thain sought to get out in front by playing fast and loose with reckless disregard for other peoples money and to...
Alert: SLV
There is no more room for error on this one. You can see the US dollar, trending ever closer to the lower boundary of it's wedge has act...
Wednesday, April 16, 2008
A Moral Hazard
Difficult as it is to fathom some companies are deliberately run into the ground for the self servicing interests of a insiders. A few prom...
Tuesday, April 15, 2008
Trade Update: SLV
The US dollar is the real deal regarding gold and sliver. The dollar is in a wedge that unbelievably seems destined to form a sharp tip befo...
Monday, April 14, 2008
Trade Update: SLV
We are short SLV a full position from roughly 179.00 and it closed at 175.78 on Friday. This trade may not be for the faint of heart. The ec...
Wednesday, April 9, 2008
Alert: SLV
We are short SLV by a 1/2 position. The market is showing strength today so short the remaining position. Sell short 50 shares SLV @ 178.45
Tuesday, April 8, 2008
The Goldman Ratio
Even now as we approach the end of days of Ponzi finance, that outdated discredited system’s biggest winner Goldman Sachs clenches it in a ...
Monday, April 7, 2008
Trade Alert: SLV
We want to take another bite out of silver by shorting SLV again on it's recent strength. You can see in the daily chart the index slam...
Wednesday, April 2, 2008
Take Out
On the heals of yesterdays post TakeDown you might think that the bears got their snouts smacked, they did not, in fact they are licking th...
Trade Update: SLV
We were stopped out of our SLV short position today @ 167.59. We were short 1/4 from 177.51 and short another 1/4 from 176.15. Now we are ou...
Tuesday, April 1, 2008
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