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
Friday, August 12, 2011
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
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
Monday, July 18, 2011
New Trading Signals
Equity Markets have turned Bearish, with new Sell signals since 7/15 in the SPY, IWM and the Transports. I addition, the DIA and the Q's are very close to flipping back to the Sell side.
The XLF and the FXE remain on the Sell signal, as is the SSEC.
The TLT, the UUP and the SLV remain on Buy Signals.
Gold is still on a Sell Signal, however Stop Loss orders would have taken most out of the position and if is making new highs. I still expect to see a pull back in GLD this Summer. Perhaps the better ETF in the precious metals may be the SLV.
If the markets remain as soft as they are this morning, then the Q's and the DIA will flip also to a Sell signal.
Best To Your Trading!
The XLF and the FXE remain on the Sell signal, as is the SSEC.
The TLT, the UUP and the SLV remain on Buy Signals.
Gold is still on a Sell Signal, however Stop Loss orders would have taken most out of the position and if is making new highs. I still expect to see a pull back in GLD this Summer. Perhaps the better ETF in the precious metals may be the SLV.
If the markets remain as soft as they are this morning, then the Q's and the DIA will flip also to a Sell signal.
Best To Your Trading!
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