Wednesday, March 19, 2008

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...

Alert: SLV

Sell short 1/4 position SLV stop @ 201.50

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

Alert: OIL USO

Buy 100 shares USO @ 86.75 Sell short 100 shares OIL @ 64.38

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...

Friday, February 29, 2008

Trade Alert: UNG

I missed the boat on United States Natural Gas Fund UNG, when it was at 41. This is what happens when construction foremen have no regard fo...

Thursday, February 28, 2008

The Chicken or The Egg?

The stock market is just like the FED. As this blog has warned , the financial owned financial media being mouthpiece of the Wall Street eli...

Wednesday, February 27, 2008

When Do We Buy the Builders?

The short answer is not yet. Take a look at the two year chart of the Dow Jones US Home Construction Index. You can see the double bottom ar...

Tuesday, February 26, 2008

Why Blogs?

You could pay big bucks to get your financial info from Goldman Sachs, but just look at what you paid for. The headlines are from CN N Fredd...