Well gang, it looks like I was a day off on my rally, as I expected it to start yesterday. Since it has now begun, I expect it to carry into tomorrow as well. But I think we’ll see a top to it then and another leg down to follow this Thursday and Friday.
I did hear about earlier and posted a link to the video of the story, but I didn’t get all the details that yahoo has. Thanks for the repost… and here’s the video of it.
Trading idea: short OSG.
Opened at 26.59 on 6/7/11.
negative cash flow. oil tankers full, nowhere to go.
Trading idea: short GR.
Opened at 86.71 on 6/7/11.
GR up against strong resistance, 86-87
ES Triangle pattern: http://niftychartsandpatterns.blogspot.com/2011/06/es-triangle-pattern.html
Mr. TopStep…
http://www.youtube.com/watch?v=VT-4HwEDIKw
yupyup! Hey Red, do you ever read any Martin Armstrong essays? Hes good with cycles and macro economics…
http://sharkmarketanalysis.blogspot.com/2011/06/is-end-near-martin-armstrong.html is the latest.
http://www.martinarmstrong.org/economic_projections.htm is the site for his essays
AAPL Chart: http://niftychartsandpatterns.blogspot.com/2011/06/apple-bearish-engulfing-in-week-and-day.html
AAPL Chart: http://niftychartsandpatterns.blogspot.com/2011/06/apple-bearish-engulfing-in-week-and-day.html
Well gang, it looks like I was a day off on my rally, as I expected it to start yesterday. Since it has now begun, I expect it to carry into tomorrow as well. But I think we’ll see a top to it then and another leg down to follow this Thursday and Friday.
ES Chart: http://niftychartsandpatterns.blogspot.com/2011/06/es-chart-with-possible-reversal-setup.html
I did hear about earlier and posted a link to the video of the story, but I didn’t get all the details that yahoo has. Thanks for the repost… and here’s the video of it.
http://www.digtriad.com/news/w…
ROFLMAO!