Tuesday, August 16, 2011

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...

Monday, August 15, 2011

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...

Paul Krugman the Nobel Idiot Lies Again

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

Sunday, August 14, 2011

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...

Saturday, August 13, 2011

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...

Trade Update: GS

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...

Trade Update: GLD

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...

Thursday, August 11, 2011

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...

Trade Update: GLD

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...

Market Watch:IBM

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...

Market Watch: DJIA

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...

Wednesday, August 10, 2011

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...

The Main Battle Now is in the SILVER Market

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 ...

Trade Update: SPX

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...

Trade Update: SPX

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...

Trade Update: GS

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...

Monday, August 8, 2011

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