In the few minutes it took to compose those posts, the stock futures have skyrocketed higher. Superbounce starts tomorrow. There was some covert action there just prior to the European bourses opening.
I’m just sitting on my shorts and not trying to get in and out on the small bounces. Too dangerous for me. I’ll just wait until we bottom before exiting. 🙂
Johnny, “if” we go as low as I think we’re going in the market, margin calls will force big institutions to dump gold and silver. So while it doesn’t seem like it’s possible… it is. I’ll be loading up on them if they hit the FP on gold.
Looks like a wild swing day like last Friday could happen today. I’ll just ride it out, as I still see more selling the rest of the week.
In the few minutes it took to compose those posts, the stock futures have skyrocketed higher. Superbounce starts tomorrow. There was some covert action there just prior to the European bourses opening.
$nymo had a record negative reading today. It would take a crash tomorrow to get it more negative but I still think its too early.
Dow was down 5.55% and SP closed at 9111 in reverse….
I’m just sitting on my shorts and not trying to get in and out on the small bounces. Too dangerous for me. I’ll just wait until we bottom before exiting. 🙂
Got your 666 today, as in -6.66% down in S&P. Odd how that happens, hmm. What a day…sold into strength twice! The charts worked like a charm for once!
Johnny, “if” we go as low as I think we’re going in the market, margin calls will force big institutions to dump gold and silver. So while it doesn’t seem like it’s possible… it is. I’ll be loading up on them if they hit the FP on gold.
Wise idea Z… this market is going to murder all the bulls and not let any bears on the train ride down.
The start of the crash… no short squeeze. Yes, that’s was a sign that all hell is going to break loose.
I stayed short overnight as I’m not sure if they are even going to bounce the market any, and let the trapped bulls out, or the sleeping bears in.