i was looking at the afghan railroad maps…US is almost finished building them. they go right to the trillion in mining assets, afghan has. bad news for gold, when the troops come home.
Sounds realistic to me. The big banks want to get out at a premium and QE3 can’t really get extended, can it? With all the media attention to our debt, how can they really justify it… We still need a recession to go through. Gas is just rediculious and I think the middle class is just beaten down and tired to the point that they bring their own KY jelly to the gas station with them. Not hearing a lot of anger over the cost of energy. Sad…
I’m actually thinking of doing a call spread on the vxx (buy the 26, sell the 28), as I just can’t see it remaining this low all of next week. A move back to the 28 level (which was an area with 2 weeks of consolidation before the breakdown) is highly likely regardless of where the spy goes.
unless this is QE3.
(gawd how I cried October)
sniff.
SPY close 133.78
half way between 133.50 & 134
the market leans to the high side.
sorry Red.
😉
Pop and drop Monday…..:)
here’s map…
http://www.ajg41.plus.com/images/rail/af-map-majroraildevelopments-mom.jpg
i was looking at the afghan railroad maps…US is almost finished building them. they go right to the trillion in mining assets, afghan has. bad news for gold, when the troops come home.
my 15 minute qqq chart is really starting to favor the bears, for up to a 1.2% move
AAPL Chart: http://niftychartsandpatterns.blogspot.com/2011/04/aapl-breaks-resistance-line.html
Sounds realistic to me. The big banks want to get out at a premium and QE3 can’t really get extended, can it? With all the media attention to our debt, how can they really justify it… We still need a recession to go through. Gas is just rediculious and I think the middle class is just beaten down and tired to the point that they bring their own KY jelly to the gas station with them. Not hearing a lot of anger over the cost of energy. Sad…
I’m actually thinking of doing a call spread on the vxx (buy the 26, sell the 28), as I just can’t see it remaining this low all of next week. A move back to the 28 level (which was an area with 2 weeks of consolidation before the breakdown) is highly likely regardless of where the spy goes.
So far, it’s looking like we really could hit the spy FP by the 29th. Wouldn’t that be crazy! LOL!