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...

SR 24 The Fed's Secret Loans

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...

The Black Swan is On the Wing

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...

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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