sorry Bro, like you said.
they won’t let anybody on that bear bus.
and that frustrating quip – “it is until it isn’t”
i’m just glad I dumped my puny SPYs @ 133 range – woo hoo!
Thanks for the update. I agree with you assessment of precious metals. I think they will continue to go up until the overall market crashes. Then they will be sold to meet margin calls, but once they bottom again, they will be the best opportunity to go long for a huge move up again.
Have no clue what the general market is doing in terms of technicals but i can say this, i like FCX June/July calls at 49 strike price because the daily and 233 RSI are at 0.00 lol
Also like July calls on SLV if it pulls back on the daily to 41. All this debt crisis and deficit issues and political YoYoing is good for precious metals 🙂
sorry Bro, like you said.
they won’t let anybody on that bear bus.
and that frustrating quip – “it is until it isn’t”
i’m just glad I dumped my puny SPYs @ 133 range – woo hoo!
Thanks for the update. I agree with you assessment of precious metals. I think they will continue to go up until the overall market crashes. Then they will be sold to meet margin calls, but once they bottom again, they will be the best opportunity to go long for a huge move up again.
Have no clue what the general market is doing in terms of technicals but i can say this, i like FCX June/July calls at 49 strike price because the daily and 233 RSI are at 0.00 lol
Also like July calls on SLV if it pulls back on the daily to 41. All this debt crisis and deficit issues and political YoYoing is good for precious metals 🙂
S&P just lowered U.S debt to negative
what was the bad news btw ? and why did we tank today AM ?
This so typical for the gangsters to release the bad news over the weekend and surprise everyone, when no one can get in.
lol… I held onto some of my shorts on friday… just covered… some of it….now its time to buy it back…. they probabaly will rally this SOB back up..
There’s nothing worst then being out of the market when the son of b*tch tanks!
Es Hour chart analysis: http://niftychartsandpatterns.blogspot.com/2011/04/es-hour-chart-analysis_18.html
Market to crash today. Black Monday.