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Insiders Club Update
Morning all...I'm running a bit behind here this am, as we have
the technician people here trying to hunt down an issue with our
Okay, yesterday the market did the same pattern that's
Haven't we seen that movie about a thousand times? The futures
were weak over bad economic news, we open a tad low and then in "no
time" they drag us back to green. Is that the collective wisdom of
millions of investors..or is that
Well folks, I guess I shouldn't be in shock, but I am to some
extent. We are up 100 points because of fraud. HAHAHAHAH.
Listen.. this Basal III thing is simply an open invite for more
fraud. it really is. It
It's been a while since we hit a big one, and this morning RIG is
that big one. It opened a bbit higher than I'd like and then dipped
right down to my "buy in" area.
I took 1000 at 55.58.
A lot of folks have written in about the VXX, concerned about the
fact that it's down at 18 and change. Yes that does stink. To a
logical mind, knowing what's really happening out there, this "fear
indicator" should be at 40. Instead it's
Just a note folks... Don't forget DE from yesterday.. a move
over 69.30 "should" be buyable, and I'll probably take it if it
They are doing a masterful job of keeping the market up here
Before we get into today... I just want to do a bit of a "warning"
notice here. As you all know I believe gold and silver to be the
big winners and that's been true in gold for us for many years. Our
LOL, sometimes you really do have to laugh. They "blamed" the
market rise the other day on a better than expected ISM report.
They said it proves that the economy is going well. they ignored
the lousy ADP employment report and said that the
We took on the VECO as it crossed 35. but again I plan on being
flat on the day, so here's the deal... I am going to sell both CTXS
and VECO before the close.
I will not send an update about it, just know
Well... this is quite interesting no? Yes.
At the close yesterday, someone with very deep pockets bought 200K
contracts of the S&P. Now normal volume for the last two mins
of the day is about 25K. Yet