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Friday, August 12, 2011

Watch Dylan Ratigan

Every now and again I come across some one telling the truth about our Political, Economic, Taxation, Educational,  and Health Care delivery institutions.

Watch this rant by Dylan Ratigan as he passionately and accurately describes our situation in the Summer of 2011.

Can I hear an "Ahmen"

Best To Your Trading!

Bill

Wednesday, August 3, 2011

9 Straight Days is enough!

After 9 straight days of a declining market, a record dating back to 1978.  This thing can go on with out a rally.... but it is time to cover any shorts.  at 10:45, the Dow is down 132 and the SPX is down 15.13.

I am covering all short positions.  The ETF's that are listed at the right are still on Sell signals, and can go lower.  But there is an old saying in the markets.. Bulls make money, and Bears make money, but Hogs go to market.  It is likely that after what ever kind of rally we get from here, there will be an opportunity to get short again.

Best to Your Trading.

Bill