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2.7.2018 - Insider Bookmark

2.7.2018

Good morning all, are you ready for what could be another insane market day? We popped and dropped so much yesterday, I lost count of the wobbles. Then I noticed that around 2:30 pm the volume started growing and the market was putting in really fast gains. I gave it a little time to prove itself and then took a shot at some DIA's. It worked. In at 244.73, they were over 248 in mere minutes. But then I had a decision to make. 

Insiders Club - 9.26.2014 Bookmark

 

Good morning folks, it's Friday and not a day too soon.

Okay, lets do a quick review here.

On Sunday I devoted the entire letter to the "idea" that the market was set up for what could become a fairly large pull back. We had all sorts of arcane indicators that were flashing the danger signal. But I also said several times that "we've seen this movie before", meaning that the market has been perched on the edge of a cliff multiple times and they just rushed in and saved us. I said it could easily happen again.

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