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BOB RINEAR's Article

Insiders Club 6--24-2010 Bookmark


Well it's not really a "rug pull" as I expected but we have been down 101, and down 56 and now down 81. They are definitely doing all they can to keep the wheels from falling off. I suspect that if the quarter end wasn't next

Insiders Club 6-23-2010 Bookmark

 Insiders Club Update

Okay, we just heard the FOMC decision and it was something of a carbon copy of all the other boring releases they put out. Yes there was the tiniest bit of a hint of "reality" in there, but overall they are whistling

Insiders Club 6-22-2010 Bookmark



Well Folks, I think I was right, they are just treading water trying to figure out what the FED is going to do or say.. Well I already told you what they'd do, NOTHING. But it's a good bet the market does absolutely nothing

Insiders Club 6-18-2010 Bookmark



Well this day is playing out about right. Lots of chop.. a couple good surges, but some very strange action here and there.

I took a small position in VISN, more as a gamble than anything else.. I took it at 3.20

Insiders Club 6-17-2010 Bookmark

 12:42 pm

 High guys, I just want to post a note here for you all.

I have recieved about 11 emails asking why I'd want to sell the VXX. In fact I'm going to post one of them that just came in....


Insiders Club 6-16-2010 Bookmark


We took on a small position in POT as it wobbled around 101.50 and finally kicked in. I took just 500 at 101.58.

I am now about as loaded up as I want to be. Now for the day I'm just going

Insiders Club 6-15-2010 Bookmark



Hey folks,,, just a quick note. Earlier in the day CREE want nuts, and ran to the 69 level. Then it rolled over hard. It wiggled around the 68 level again and then "boom" as the market kept gaining they kept going. I took

Insiders Club 6-14-2010 Bookmark


2:59 pm

This day has turned into monster chop over that silly Moody's downgrade of Greece. Okay, we got beat up on our first lot of DIA's. I went back in at 103.04 and it looked good for like four minutes and then dropped

Insiders Club 6-11-2010 Bookmark




Well the open was lousy, but as we figured they weren't going to let it get away. My prediction for the day was a flat ending and the retail number certainly could have derailed that but we didn't think so.


Insiders Club 6-10-2010 Bookmark

Insiders Club Update

2:15 pm

Okay.. they pushed the market hard on relatively low volume. There's a lot of nervousness out there and there should be. We haven't been able to string anything together on the long side for a long time.

I had

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