I’m a bear too, but I don’t think this is a massive BULL market in disguise. The HUGE “MA” pattern on the monthly chart (Look at the last 10 years) points to a Dow 3,000 or so… and I don’t think the gangsters can manipulate their way out of it. The good guys are cutting off their money supply and even with it, I still don’t think they could change the pattern on that large of a time frame.
Also gave my friend a g note to a friend who has a bookie that was giving really big odds on Gilles Muller against Rafael Nadal. Muller worked himself extra hard the past three months and is in the shape of his life. I think he can bring me some major bacon home here. Here is the link to watch the match. http://www.sportlemon.tv/ He is up 3-0 already in the first set.
I am a bear, that believes there MIGHT be a massive BULL market in disguise setting up. But to answer your question, I went short one contract so far at the top. 1090.50.
The VXX is overbought on the 4hr, 2hr, daily, and weekly chart… so I’m not sure about going short yet? It also has a bear flag on the 60 minute chart. I think they will push it higher because they seem too always go to extremes… both on the upside and downside. Plus the volume on the SPY is very light, which usually favors the bulls.
If you’re in the “giving” mood, I still have a donation button here on the site. LOL 🙂
I’m a bear too, but I don’t think this is a massive BULL market in disguise. The HUGE “MA” pattern on the monthly chart (Look at the last 10 years) points to a Dow 3,000 or so… and I don’t think the gangsters can manipulate their way out of it. The good guys are cutting off their money supply and even with it, I still don’t think they could change the pattern on that large of a time frame.
Also gave my friend a g note to a friend who has a bookie that was giving really big odds on Gilles Muller against Rafael Nadal. Muller worked himself extra hard the past three months and is in the shape of his life. I think he can bring me some major bacon home here. Here is the link to watch the match. http://www.sportlemon.tv/ He is up 3-0 already in the first set.
Sorry at 1091.50
I am a bear, that believes there MIGHT be a massive BULL market in disguise setting up. But to answer your question, I went short one contract so far at the top. 1090.50.
Shorting or long?
Up a diet pepsi here. Lol.
Sorry… “I think they will push the market higher, not the VXX”
The VXX is overbought on the 4hr, 2hr, daily, and weekly chart… so I’m not sure about going short yet? It also has a bear flag on the 60 minute chart. I think they will push it higher because they seem too always go to extremes… both on the upside and downside. Plus the volume on the SPY is very light, which usually favors the bulls.
I also bought some VKML last week, that junior gold I was talking about. They put news today. Its slowly grinding up from where I bought it(.06)