StockMarket-Implosion: August 2011

Wednesday, August 31, 2011

Trade Update: GLD

There's the 52-week chart of GLD, but just pay attention to the last month. There was a 26 point breakaway from $160 during the month ...

Live Trade: GLD

take 50 shares of GLD at $178.62.

Predictably GLD gapped up three dollars or more today. Right now I am hoping for a pullback to go in and pick up a full position. you ca...

Trade Update: GS

Goldman Sachs GS jumped up at the open yesterday. I kept waiting for a pullback, but we never got one. So, I had to go in and buy at $115....

Trade Update: SLV

Well there's the daily chart for SLV for the last six months. Take a look at the peak in August of $42.63 and the all-time high of $48...

Live Trade: GS

pick up 50 shares of goldman sachs at $115.06, with a stop just under the low of the day. Buy 50 shares at $115.06 Stop at $112.30

Trade Update: GS

Wow! That's not illegal, but it should be. Look at what the specialist did to Goldman Sachs on Thursday morning. He gapped the shares ...

Saturday, August 27, 2011

Trade Update: JPM

It looks like J.P. Morgan JPM bottomed out at $34.82. On the daily chart you can see a rather sloppy double bottom forming at around $34. ...

Vladimir Lenin said, "A capitalist will sell you the rope to hang him with." Well last week the COMEX just sold a long piece of ...

Live Trade: JPM

take 100 shares of J.P. Morgan JPM at $36.16, with a $1.50 stop.

We were stopped out of our short position on IAU last night at $16.95, for a gain of $138. It was a good thing that we did because today t...

Well we got caught in consecutive gap up when we were short GLD and lost $700. That is the biggest loss on this blog. But I don't thin...

Trade Update: IAU

move the stop down to $16.95. Short full IAU at $18.33 Stop at $16.95

Keiser Report guest Catherine Austin Fitts on various frauds that are being performed by the financial markets, bankers, and politicians...

Trade Update: IAU

Well I knew that gold had the fall back soon. We went short on IAU at $18.33 and today it closed at $17.21. I think that is most of the mo...

Live Trade: GS

Take a half position or 50 shares of Goldman Sachs GS, at $109.62. Put a stop just below the daily low. that is that the stop at $106.25. ...

There is the chart of the IAU. It looks exactly like the chart for GLD, only the scale has changed. Yesterday we went short the hundred ...

We were only long 25 shares of GLD. So, we lost $125. I think that the correction in gold has finally started. I think that the ride ...

Yesterday I moved our stop in SKF up to $84.40 and we were stopped out there shortly after. I put a three-year chart of SKF. When I ...

Live Trade: IAU

Short 100 shares of IAU at $18.33 Stop at $18.93

Live Trade: SKF

move the stop up to $84.40

The financial index IYF is at the decision point. Pennies away from the decision point that could lead to a massive move in one direction ...

Beautiful! In the stock market all you can ask for is clarity and you don't get much more clarity than you're looking at right n...

Wow would you take a look at that! The GDX has gone from $54 $64 per share in just the month of August. Ouch, it hurts to miss that. The o...

Live Trade: GLD

by 25 shares of GLD right here at $184.08, with a five dollar stop. Buy 1/4 GLD $184.08 Stop 179.08

Back in April of 2009 we took a full position of SKF at $68.90 as part of mother of all puts, in case the Plunger Protection Team lost con...

On Friday we picked up a full position of SLV on a break of $41. You can see the entire zone of support between $38 and $41 going back for...

On Friday I said that we would probably have to go long on GLD by at least 25 shares. Then I didn't do anything about it. The reason ...

George Carlin -' I Gave Up On My Species'

He did try to tell people for 25 years. I understand his frustration 100%

Peter Schiff on record gold prices: I told you so!

Peter Schiff explains how it's a Treasuries bubble, not a gold bubble stupid. With the decline of the world economy, many investo...

Bank of America Will Help Rick Perry Out

In case there's any doubt of who Rick Perry is falling into bed with just listen to the video at about 24 seconds. Apparently someon...

Live Trade: SLV

SLV broke $40, pick up a full position at $41.08

MarketWatch: GLD

Maybe this is why gold , already at an all-time high gapped up beyond our stops again yesterday. Despite a report from the World Gold...

Well it is still forming, the double bottom on the SPX I mean. Look at the 1250 level in the chart you can see the strong support that it ...

Great piece of bad news from The Young Turks

Trade Update: GLD

Well this had to be one of the most unlucky trades I can think of. Twice in the last three days the market gapped up beyond our stop. S...

Live Trade: GLD

GLD gapped up above our stop at Stop at $175.50. Get out now at $177.62

Max Keiser: Banking Looters

This week Max Keiser and co-host, Stacy Herbert, observe the British shock that there is no society. In the second half of the show Max ...

Well this has been an eventful trade, that is not a good thing. We were stopped out of GLD on the long side at $170.51 after 15 point gain...

Trade Update: GLD

If you went short with us on GLD you expected to get stopped out at $172.34. Novice investors may wonder why this didn't happen today ...

Jon Stewart Scolds Media For Ignoring Rep. Ron Paul M

Anyone who still doesn't believe that the main stream media is nothing more than a mouthpiece for their corporate owners should look...

Market Watch:SPX

Well the rebound is flattening out ever so slightly. So slightly. I said that I thought the SPX might come back no higher than 1250 , righ...

Now that QE1 and QE2 are the undeniable failures they were predicted to be, Nobel Liar Paul Krugman is predictably out shrilling for anot...

Trade Update: GS

We entered half a position of Goldman Sachs long on hopes that it would break $120 a share and be propelled upward, back above the 100 d...

Friday, August 12, 2011

Market Watch: DJIA

We got the break as anticipated and the DJIA is above 10,800 as requested. So, now what?You can see on the chart how the Dow Jones indust...

We got the market bounce as anticipated and Goldman Sachs responded well. In the daily chart you can see the fall from the failed double b...

Now that is an overextended chart. It was overbought and he over buying was accelerating, look at the long candles from $160 up. We were l...

Live Trade: GS

Let's buy 50 shares of GS at $119.49 with a two dollar stop. This is a risky trade.

Live Trade: GLD

Short a full position of GLD here at $169.67 with a stop at the days high of 172.34 Sell short 100 GLD Stop at 172.34

Trade Update: GLD

We were just stopped out of GLD at $170.51 with a profit of $1470.50. Get ready to short. 07-25-2011: Buy 1/2 GLD $157.04 Stop at $170...

The meltup in GLD had now gone hyperbolic and it is time to move our stops. Our cost basis for GLD is $155.81 and we are moving stops up t...

Well, I said it but unfortunately I did not trade it. I predicted that IBM could slide all the way back to $160 share . But the first st...

WOW! Take a look at that, over 500 points in less than an hour. Can anyone say plunger protection team please? But there you have it, a d...

Market Watch: SPX

Well there it is, take a good long look at it. Look at the break below 1250. That is one of the greatest downward moves you'll ever se...

Tuesday, August 9, 2011

Trade Update: GS

We went short Goldman Sachs at $120.90 and again at $118.99, in what was admittedly a late trade. The shares went all the way down to the ...

We were stopped out at 1121.46 with a profit of $1731.75. Look at the 15 minute chart. I am trying to figure out if we should go long h...

Wow look at that cascade from the 200 day moving average. Back when the SPX broached its 200 day moving average I talked about a signific...

Everything on the chart of Goldman Sachs GS says "I am massively oversold." Yet here we are short a 1/2 position. We entered sho...

Live Trade: SPX

This is a risky trade. sell short 25 shares of SPX at 1151.73. Sell 1/4 SPX @ 1151.73 Buy 1/4 SPX @ 1155.73

Live Trade: GS

Short 25 shares of GS at $118.99 Stop at $120.99

Live Trade, SPX

The SPX is at 1160.46. Sell short 25 shares with a stop at 1162.46 Sell 1/4 SPX @ 1160.46 Buy 1/4 SPX @ 1162.46

Live Trade: GS

Short 25 shares of GS at $120.90 Stop at $123.90

We are going to short the SPX on a break below 1170. Take a look at the chart of the SPX above. Notice the double bottom in November at pr...

Definitions

1.By a full position we mean 100 shares of a stock: So,, a 1/4 position is 25 shares if you have 100 shares of a stock or it's 100 shares if you hold 400 shares of the stock.

2.The Plunger Protection Team (PPT): This refers to the cabal consisting of among others secretary of the Treasury, the chairman of the Federal Reserve, the chairman of the SEC and the chairman of the Commodity Futures Trading Commission. Officially known as The Working Group on Financial Markets, it was created by Ronald Reagan to prevent a repeat of the Wall Street meltdown of October 1987. But on Wall Street no good thing goes uncorrupted.

3.Ponzi Unit or Ponzi Finance Unit: A business unit whose interest charges of a business unit exceed cash flows from operations of that unit.

4.Ponzi Finance: A method of finance (borrowing) where repayment of debt is achieved by the issuance of new debt.
e.g. payment of a monthly credit card bill with another cerdit card.

Closed Positions by Open Date

11-03-2011:
Buy full GS at $106.54
Stop @ at $104.75

09-27-2011:
Buy full HL@$6.06
Stop at $5.50

08-29-2011:
Buy 1/2 GS at $115.06
Stop @ at $112.34

08-24-2011:
Buy 50 shares of GS at $109.62
Stop @ at $112.34

08-24-2011:
Buy 100 JPM @ $36.16
Stop @ $34.66

08-23-2011:
Short full IAU @ $18.33
Stop at $16.95

08-19-2011:
Buy 1/4 GLD $184.08
Stop 179.08

04-20-2009:
Buy SKF 100 @ $68.90
Stop @ $79.98

08-11-2011:
Sell full GLD @ $169.67
Covered at $177.62

08-11-2011:
Buy 1/2 GS at $119.49
Sell 1/2 GS at $117.49

07-25-2011:
Buy 1/2 GLD $157.04
Stop at $170.51

07-13-2011:
Buy 1/2 GLD @ $154.57
Stop at $170.51

08-08-2011:
Sell 1/4 SPX @ 1151.73
Buy 1/4 SPX @ 1121.46

08-08-2011:
Sell 1/4 SPX @ 1160.46
Buy 1/4 SPX @ 1121.46

08-05-2011:
Buy 1/2 SPX @ 1208.42
Stop at 1206.42

08-08-2011:
Sell 1/4 GS at $118.99
Buy 1/4 GS at $122.45

08-08-2011:
Sell 1/4 GS at $120.90
Buy at $122.45

05-23-2011:
Sell full JPM at $42.75
Buy full at $37.98

08-05-2011:
Buy 1/2 GS @ $128.35
Stop at $126.35

08-04-2011:
Sell 1/4 IBM @ $175.25
Buy stop at $169.79

08-03-2011:
Sell 1/4 IBM @ $177.73
Buy stop at $169.79

08-04-2011:
Buy 1/2 SLV at $40.72
Stop $37.59

07-13-2011:
Buy 1/2 SLV at $36.98.
Stop at $37.59

07-21-2011:
Buy full BAC at $10.22
Stop at $9.40

07-13-2011:
Buy 1/2 GDX @ $59.42.
Stop at $57.34.

07-08-2011:
Short 1/2 WFC @ $28.17
Buy 1/2 WFC @ $29.21

07-18-2011:
Short 1/4 IBM at $174.22
Buy 1/4 IBM @ $182.75

05-09-2011:
Buy full HL @ $8.54
Stop @ $7.25

04-24-2011:

Buy 1/2 GLD @ $148.63.
Stop at $146.69

04-24-2011:
Buy full SLV at $35.39
Sell stop at $33.39

05-15-2011:
Short 1/2 GS $134.69
Stop at $136.69

05-31-2011:
Buy full GS @ $140.63
Stop1-Sell 1/2 GS @ $139.25
Stop2-Sell 1/2 GS @ $137.25

4-08-2011:
Short JPM @ $47.20
Buy Stop @ $43.89

5-04-2011:
Short 1/2 SLV @ $38.50
Stop @$37.50

5-04-2011:
Short 1/2 SLV @ $39.67.
Stop @$37.50

5-04-2011:
Sell short full USO @ $43.42
Stop @ $40.42

2-15-2011:

Buy Full SVM @ $12.22
Stop @ $11.20

2-22-2011:
Buy 1/2 GLD @ $136.59
Stop @ $145.45

2-18-2011:
Buy 1/2 GLD @ $135.51

Stop @ $145.45

3-22-2011:

Buy 1/2 ETR @ $65.90

Stop @ $64.45

4-14-2011:

Buy 1/4 AG @ $23.94
Stop @ $17.50

4-19-2011:

Buy 1/2 GDX @ $61.07

Stop @ $58.09

1-5-2011:

Buy OIL Full $25.35.

Stop at $29.39

2-7-2011:
Buy 1/2 SLV @ $28.64
Sell @ $45.09

1-5-2011:
Buy SLV 1/2 $27.10
Sell at $45.09

01-05-2011:
Buy AA Full $16.47
Stop @ $16.04

12-01-2010:
GLD Full $135.50
Stop 1/2 @ $132.50
Stop 1/2 @ $130.50

1-3-2011:
Buy GS 1/4 @ $172.67
Stop @ $168.50

11-1-2010:
Buy GS 1/4 @ $162.25
Stop @ $168.50

1-14-2011:
Buy 3/4 SLV @ $27.04
Stopped @ $27.50

1-14-2011:
Buy 1/4 SLV @ $26.32
Stopped @ $27.50

11-18-2009:
Buy SLV 3/4 @ $18.40
Stop @ $24.44

SLV 1/4 16.53
Stop @ $24.44

Buy IAU(GLD) Full @ 91.47
Stop @ $131.25

11-16-2009:
Buy SVM 1/2 @ $6.47
Sell SVM 1/2 @ $11.36

11-05-2009:
Buy SVM 1/2 @ $5.69
Sell 1/2 @ $11.36

10-15-08
Buy 3/4 HL @ 2.07
Sell 1/4 @ $8.42

10-15-08
Buy 1/4 HL @ 9.13
Sell 1/4 @ $8.42

11-11-2010:
Buy GDX 1/4 @ $61.50
Sell @ $60.70

12-10-08:
Buy GDX 1/4 @ 29.91
Sell @ $60.70

11-23-2009:
Buy GS 1/4 @ $172.79
Stoped @ 168.33

7-15-2009:
Short 1/4 GS @ 155.26
Stop out @ $165.66

7-9-2009:
Short 1/4 GOLD @ 66.10
Cover 1/4 GOLD@ 60.65

7-7-2009:
Short 1/4 GDX @ 38.09
Cover 1/4 @ 36.99

6-24-2009:
Short 1/4 GOLD @ 63.21
Stop out @ 65.53

06-22-2009:
Buy 100 GLD-Full @ 88.93
Sell 100 GLD @ 90.44

06-08-2009:
Buy to open 1 contract HLFZ 1/4 @ $0.55
Expired worthless

04-90-2009:
Buy 100 SKF @ 85.65
Sell 100 SKF @ 69.50

12-08-08:
Buy IYF full Limit= @ 48.11
Stop @ ***
Not Hit

11-24-08:
Buy SKF 1/4 @ 200.89
Stop @ 180.49

11-24-08:
Buy SKF 1/4 @ 233.71
Stop @ 195.95

11-20-08:
Buy 1/4 DIG @ 31.71
Stop @ 27.51

11-12-08:
buy 1/4 PAAS @ $11.80
stop 1/4 @ $9.89

11-12-08:
buy 1/4 PAAS @ $12.03
stop 1/4 @ $9.89

10-28-08:
buy 1/2 DIA @ $84.25
stop 1/2 @ $89.94

10-28-08:
DOG 1/2 @ $86.50
Stop 1/2 @ $81.80

10-27-08:
buy 1/2 SKF @ 164.79
sell 1/2 SKF @ 157.92

10-27-08:
buy 1/4 SKF @ 127.31
sell 1/4 SKF @ 157.92

10-27-08:
buy 1/4 SKF @ 123.05
sell 1/4 SKF @ 157.92

10-23-08:
buy 1/4 UNG 30.25;
Stop 1/4 UNG @ $29.25.

Sept 23, 2008
buy 1/4 GS @ 110.36
sold 1/4 GS @ 118.80

Sept 17,2008
buy 1/4 GS @ 102.20
stop 1/4 GS @ 99.55

Sept 16,2008
Buy 1/4 GS @ 112.30
Stop 1/4 GS @ 103.20

Sept 16,2008
Buy 1/4 SKF @ 112.50
Stop 1/4 SKF @ 128.05

Aug 28, 2008
Short 1/4 HBC @ 82.67
Cover 1/4 HBC @ 78.10

Aug 28, 2008
Short 1/4 WFC @ 29.59
Cover 1/4 WFC @ 29.59

Short 1/4 WFC @ 30.29
Cover 1/4 WFC @ 29.59

Aug 5, 2008
Buy 1/4 SKF @ 135.62
Stop 1/4 SKF @ 127.91

Aug 5, 2008
Buy 1/4 SKF @ 117.51
Stop 1/4 SKF @ 127.91

Aug 5, 2008
Short 1/4 DB @ 92.56
Cover 1/4 DB @ 96.25

July 29, 2008
Short 1/2 DB @ 89.94
Cover 1/2 DB @ 92.93

July 29, 2008
SKF 1/4 @ 135.62
Stop @ 127.91

July 27, 2008
Buy 1/2 DUG @ 34.72
Sell 1/2 DUG @ 34.75

July 27, 2008
Buy 1/2 DUG @ 30.13
Sell 1/2 DUG @ 34.75

July 16, 2008
Buy 1/4 OIL @ 84.19
Sell 1/4 OIL @ 83.45

July 16, 2008
Short 1/4 HBC @ 73.03
Cover 1/4 HBC@ 76.56

July 16, 2008
Short 1/4 MER @ 25.77
Cover 1/4MER @ 28.00

July 15, 2008
Short 1/2 DB @ 79.59
Cover 1/2 @ 81.55

July 07, 2008
Buy 1/2 DIG @ 116.69
Sell 1/2 DIG @ 109.10

July 07, 2008
Buy Full XLF @ 20.52
Sell Full @ 19.22

July 02, 2008
Short 1/2 LEH @ 26.73
Cover 1/2 LEH @ 21.85

June 27, 2008
Buy 1/2 DUG @ 27.32
Sell 1/2 DUG @ 27.32

June 27, 2008
Buy full C @ 19.6
Sell Full @ 17.76

June 25, 2008
Short full SLV @ 167.00
Buy full SLV @ 164.23

June 25, 2008
Short C @ 19.79
Buy 1/2 C @ 19.48

June 25, 2008
Short 1/2 MER @ 34.36
Buy 1/2MER @ 36.36

June 24, 2008
Sell 1/2 MER @ 33.53
Buy 1/2MER @ 34.70

June 13, 2008
Sell 1/2 LEH @ 24.46
Buy 1/2 LEH @ 25.50

June 11, 2008
Buy 1/2 OIL @ 76.73
Sell 1/4 OIL @ 80.57

Buy 1/2 UGA @ 61.97
Sell 1/4 UGA @ 63.35

June 06, 2008
Buy 1/2 OIL @ 76.73
Sell 1/4 OIL @ 83.01

Buy 1/2 UGA @ 61.97
Sell 1/4 UGA @ 65.72

June 03, 2008
Sell short 1/2 XLF @ 26.48
Cover 1/2 XLF @ 24.23

June 02, 2008
Sell short 100 shares LEH @ 34.37
Buy to cover full 1/2 LEH @ 30.74

May 29,2008
Sell short LEH 1/2 @ 36.13
Buy to cover 1/2 LEH @ 38.14

May 22,2008
Buy OIL 1/2 @ 75.33
Sell 1/2 OIL @ 80.02

May 21,2008
Sell short full IAU @ 95.55
Buy to cover full IAU @ 91.55

May 20,2008
Short 1/2 C @ 167.50. Stopped out @171.00
Short 1/2 C @ 169.61. Stopped out @ 171.00

May 19,2008
DUG-1/2 @ 29.14 sold @ 26.90
DUG-1/2 @ 30.12 sold @ 26.90

April 28,2008
Short 1/2 C @ 24.76. Stopped out @ 26.75
Short 1/2 C @ 25.85. Stopped out @ 26.75

April 23,2008
Short 1/2 SLV @ 177.29
Cover 1/2 @ 170.08

April 18, 2008
GDX Full @ 51.34
GDX Full called away @ 49.50
GDXDS sold 1 contract @ 5.50-expired

April 17,2008
Short 1/2 SLV @ 178.45
cover @ 180.62
Short 1/4 SLV @ 179.00
Cover @ 180.62

April 01,2008
Short 1/4 SLV @ 176.15
stop out @ 167.59
Short 1/4 SLV @ 177.51
stop out @ 167.59

March 24, 2008
Short 1/4 SLV @ 198.51
stop out @ 170.56
Short 1/4 SLV @ 180.90
stop out @ 170.56

March 19, 2008
Sell 1 GDX March 50 call (GDXCX) @ 5.00
Buy 1 GDX March 50 call @ 0.70

Sell 1/4 LEH @ 45.00
Buy 1/4 LEH @ 46.98

March 13, 2008
Buy 1/4 UNG @ 43.44
Sell 1/4 UNG @ 48.00

March 12, 2008
Buy full EXK @ 4.10
Sell full EXK @ 3.96

March 06, 2008
Buy 1/4 SLV @ 200.50
Sell 1/4 SLV @ 200.00

Feb. 21,2008
Short 25 IAU @ 89.51
Buy 25 IAU @ 94.17
*Hedged with GLD

Feb. 7,2008
Sell 100 IAU @ 86.89
Buy to cover 100 IAU @ 90.50-
*Hedged with GLD
Buy 25 GS @ 188.01
Sell 25 GS @ 189.87

Feb. 7,2008
Sold 1 contract GDX Feb. 40 call
GDXBN @ 9.20
Bought to close @ 6.70
*Hedged with GDX

Jan. 30 2008
Bought 100 GLD @ 86.53
Sold 50 GLD @ 89.25
Sold 50 GLD @ 90.25
*Hedged via IAU

Jan. 25 2008
Bought 100 IVV @ 140.38*hedged with SPY
Sold 100 IVV @ 136.23*hedged with SPY

Jan. 23 2008
Sold 100 SPY @ 139.15*hedged withIVV
Bought 100 SPY @ 130.61*hedged with IVV
Sold 50 OIL @ 51.17
Covered 50 OIL @ 51.13
Sold 200 SPY @ 128.81
Bought 200 @ 132.11

Jan. 18 2008
Sell short 50 OIL @ 53.58
Buy 50 OIL @ 52.66

Jan. 14 2008
Sold short 50 shares GDX @ 51.46
buy 50 shares @ 49.22

Sold short 25 shares GLD @ 87.89
buy 25 shares @ 87.53

Jan. 14 2008
Sold short 50 shares CFC @ 8.65
Covered 50 shares CFC @ 6.44
Sold short 75 shares GDX @ 9.61
Covered 50 shares CFC @ 6.44

Jan. 07 2008
Sold short 50 shares GDX @ 49.30
stopped 25 shares @ 50.30
stopped 25 shares @ 51.30

Jan, 07 2008
Sold short 100 shares OIL @ 56.97
Covered 100 shares OIL for 55.37.

Nov. 13 2007
Buy to open 1 contract GPYKD @
4.9 sell to close @ 8.9.
(GS Nov 200 call)

Wednesday, August 31, 2011

Tuesday, August 30, 2011

Monday, August 29, 2011

Sunday, August 28, 2011

Saturday, August 27, 2011

Friday, August 26, 2011

Thursday, August 25, 2011

Wednesday, August 24, 2011

Tuesday, August 23, 2011

Monday, August 22, 2011

Sunday, August 21, 2011

Saturday, August 20, 2011

Friday, August 19, 2011

Thursday, August 18, 2011

Wednesday, August 17, 2011

Tuesday, August 16, 2011

Monday, August 15, 2011

Sunday, August 14, 2011

Saturday, August 13, 2011

Friday, August 12, 2011

Thursday, August 11, 2011

Wednesday, August 10, 2011

Tuesday, August 9, 2011

Monday, August 8, 2011

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