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Well we got the nod and the wink from Bernanke and Co. and now we
have to try and figure out what's next.
Bernanke laid open the door for QE2. They said a lot of the same
old stuff, that the
Well folks,... I just witnessed ...I don't know what.
If you guys watched the Obama "town hall meeting" what did you
think? Frankly it was a bit over the top for me. A room full of
people with glassy eyes like a
What to think? Today is options expiration day, in fact its "quad
day" where everything has to reset. The volume is up higher than
normal lately because of all that activity. the question of course
is.. do they pull the same thing as
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