Let me explain how this 3 day correction worked. Day 1 huge selloff that most bears miss, day 2 bears pile on because the world is ending next week. Day 3 even MORE bears pile on. Days 4-99 the bulls ram the market right up the bears ass. See you in 99 days.. 🙂
for those who care about free markets, there is a way to start making a difference. A zero hedge article is urges all of us to ask CFTC to stop the silver manipulation by sending a letter. Only your name and valid email is needed. A standard letter is provided if your muse is not helpful.
Here is the link: http://www.zerohedge.com/article/ted-butler-urges-everyone-submit-response-cftc-silver-manipulation-schemes
APPLE Chart: http://niftychartsandpatterns.blogspot.com/2011/02/apple-weekend-update_26.html
http://www.youtube.com/watch?v=B5KyWxU-bkg
Wait for it…wait for it…
I don’t know about 99, how about 9?
then again, June is 3 months out.
Let me explain how this 3 day correction worked. Day 1 huge selloff that most bears miss, day 2 bears pile on because the world is ending next week. Day 3 even MORE bears pile on. Days 4-99 the bulls ram the market right up the bears ass. See you in 99 days.. 🙂
any reason?
As far as setups go, it’s hard to imagine a better one!
I am still long commodities in my 401K since the June lows. +40%
That’s probably a smart move Dread, as it looks to me like lot’s of commodities are topping now.
I shorted SLV via ZSL. Weekly close above the upper BB, RSI divergence, doji candle, what more can you ask for?
http://www.screencast.com/users/dreadwin/folders/Default/media/5d2cda53-48f4-428a-a04d-af1ef1b1c236