"The Decade of EPIC Begins"
Nice job. More powder for phyzz...
Yeah I got one... did you sell b/c you're expecting it to reverse and go back up? I bought some puts with a longer time horizon so not sure if I should cut it short or just let them ride.Thanks for the tip btw.
any update on bac and citibank ?also share your views on technology stocks like appl and orcl and google
Sold b/c IM not greedy and 70% in 3 days is good enough. Classic retrace 50% to that big green candle. Anyone NOT using candle stick is losing this battle. I heard some guy a few days back tell people candle were dead...idiot.
Probably a good idea to take profits when they appear in this choppy-ass market. I'm out. Look for a thank you donation later this evening ;)
It appears we have given up on Silver!4-6 weeks until it hits the real bottom? Or until Big Ben get out his QE bazooka again?Looks like we are trying to test $33 for real again!
OK, so this has not happened beforeSilver spot goes down 5% and PSLV only goes down 2.5%Not sure I can recall PSLV beating spot by so much on a really down day ever.Hmmmmm. Is PSLV going to start behaving like price at a dealer?
that was a pretty big call there mr SGS. nice target price as well. I didnt make this trade. Im short SPY currently since last week. If we see some small little upwards hiccups ill be buying more broader market puts as well. This whole markets smelling like pigshit. Running back to dollars the market goes!
SGS, Sold half my AMZN puts for a sweet gain. Thank you!Now, where's that tip jar.I've been eye balling CMG for a short play. At $272 with a P/E of 46, it seems rising food costs will hit that lofty share price. I played it short once before and got it wrong. Does anyone see a CMG short play on the horizon? Thanks.
SGS, good call on AMZM but whats the deal with Ssssssilllverrrrrrrrr. Getting raped like I worked for that IMF dude. Do we bottom here or break out the anal lube. I'm walking a little bow legged as of late.I get the feeling your out of the water till the sharks are done feeding.Mucho apreciato, Mazter SGS
Shit, HP issues warning and possible layoff, Temmper cuts financials, is it time to short fucking everything?
Mini S&P confirmed a 1-2-3 top as well as broke its first trendline as of todays close.
@ Ledbedder, So we are looking for a 4 wave down before 5th ave blow off? In essence are you buying ES puts?
What is a good broad market sell-off index/stock like SPY but cheaper that i can buy some put options for?
I picked up some SPXU earlier and pretty happy with the results so far. Headlines looking good too from this perspective. The usual bounce in the wrong direction immediately following my trade was very short-lived, very atypical. Usual once I trade something it immediately heads the wrong direction.
Good Idea, JF, Gonna pick up calls on that one!It was at 42.00 back in July 2010! Was going on then, no QE2?
MALCOLM: I don't use wave counts, just good old fashioned technical analysis. The bad thing is this market is so corrupt, we probably won't get the traditional 50% retracement. Yes, I bought one emini S&P put today. Didn't want to sink too much into (yet), wanting to see if the plunge protection team comes to the rescue or lets nature take its course. You gotta admit, it is due for some type of correction.
Ledbedder, As we have seen, they want the commodity complex down. We will have to see how they behave towards equities. My guess is that the allow ti to go down about 2k points.
Very nice call SGS. I was a bit early to the party and bought some 175 puts about a month ago when they missed earning estimates by 30% and only went down by about 2% trading that day. Still made a bit of coin on the bounce today, but just a little above breaking even. Wish I would have had more coin to pick up the puts last week.Remedies For Freedom
might be a naive question, but how often do metals, the US dollar, and dow jones all go down significantly ... i guess the Illumined ones want all the sh*t to toilet
http://www.youtube.com/watch?v=bbLY7iNLbuo&feature=player_embedded#at=173nice video on the old paper vs physical.
I have a question. When are those ass-dragging juniors gonna get their @#$% together?Its rhetorical, and as a non-selling 2008 vetern, Im not getting shaken out. Check out Sprott and Max's latest. These guys are the modern-equivilent of Che and Castro, fighting innertia and decadent elites. Power to the people, silver to the sovereign men.
Just One Ounce of Silver:Gentlemen & Ladies, please put your muskets and bayonets down for a moment and write to our Prime Minister Harper to reach out to the people of Slave Lake Alberta who have been devastated by wild fires. I haven't seen any water bombers helping out with the exception of a Cessna or two. Financial aid, food, clothing and other necessities of life will be needed ASAP.Prime Minister Harper's e-mail address is: email@example.comAccording to the CBC today 40% of Slave Lake has been destroyed by fire!http://www.cbc.ca/news/canada/edmonton/story/2011/05/16/slave-lake-fire-evacuation.html
Just bought another 100 oz of silver rounds. Mixed it up this time... 2 Tubes of Grizzly's, 1 Tube of Eagles, 1 Tube of Maples, and 1 Tube of Buffalo/Indians. Bought a 1 oz Gold Panda as well. Now lets get that ratio back to 30:1 again.. and then back to 20:1 or less for the duration of Obama Bin Biden's reign of idiocracy. RON PAUL 2012!!!
@highriseIdiocracy! Nice one...Go Canucks...Whoooo!!!