this is potential way to play the fed. (like a fiddle, if it works out!)
fed hinted at qe3, making gold go up. i’ll give the rumor of qe3 a couple of days to wear off, then short gold, via some mining stocks.
closed the put i opened, at yesterdays open, for a small gain. At this point, while i think/thought for awhile. that the 27th would be the high, nothing would surprise me at this point. The control they have over this market, as we’ve definitely seen the past, now 7, weeks, is insane. While it’s certainly possible that they continue higher, if we gap up tomorrow, into Monday, I think that’s when i’ll short pretty heavily. I don’t think i’ve ever seen 7 up weeks, whether major/minor
Funny how the news came out the other day that jacob rothschild was short the Euro..Its at 1.25..Big move since the news. I think him being short is bullshitt. He is long .. We all know on this board that when news hits MSM that a person has a position in the market the opposite is true…
The bottom FP is now hit and fulfilled. Time to rally…
Good morning gang…
New FP’s: http://screencast.com/t/k47m0CENscxq
Sitting in cash, but yesterdays final push up couldve been all we will get
Anyone who held onto silver calls this week made a killing
my QID calls keep going in and out of profit, past few days.
one of these days, Alice!
this is potential way to play the fed. (like a fiddle, if it works out!)
fed hinted at qe3, making gold go up. i’ll give the rumor of qe3 a couple of days to wear off, then short gold, via some mining stocks.
ES Chart update:
http://niftychartsandpatterns.blogspot.in/2012/08/s-500-futures-chart-analysis_23.html
…
closed the put i opened, at yesterdays open, for a small gain. At this point, while i think/thought for awhile. that the 27th would be the high, nothing would surprise me at this point. The control they have over this market, as we’ve definitely seen the past, now 7, weeks, is insane. While it’s certainly possible that they continue higher, if we gap up tomorrow, into Monday, I think that’s when i’ll short pretty heavily. I don’t think i’ve ever seen 7 up weeks, whether major/minor
Funny how the news came out the other day that jacob rothschild was short the Euro..Its at 1.25..Big move since the news. I think him being short is bullshitt. He is long .. We all know on this board that when news hits MSM that a person has a position in the market the opposite is true…