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Well I have made my moves and now I'm on auto pilot. I sold the
MRO and got a full dollar per share. I sold the GDX and got $1.21
per share. I sold 300 of the SPY and got $2.92 per share. ( I
We've spent the bulk of the day hanging just below the unchanged
line. It felt like every time I glanced at the monitor, the DOW was
off 20. But it feels like they'll make their little push for green
coming into the last hour.
It would appear that my feeling that we'd end the day red, might
be well off the mark. We've been up 90 up 60 up 80 all morning. But
we are at those danger zones. the DOW is just under 13,000.. and
the S&P has reached the
Well that was quite the interesting open eh? We opened big, and
pushed and pushed higher, eventually hitting + 256 on the DOW. Then
we entered the first pull back of the day and presently we sit with
the DOW up 162.
The hopes of gushing rivers of free digital money has them
literally begging at this point. the DOW is holding a 103 point
gain, as they feverishly look toward Benji to come through with the
Granted this could be a one day bounce and
It seems that we've gotten the direction correct "so far". How
long that holds is anyone's guess. We dipped down we came up, we
stuttered, you name it. But the fact is, we're still down 90.
they're trying to defend 1340 on the S&P and they've been
Thanks to trader Rob's keen eye, he alerted me that HAL
reports monday am, ahead of the bell. I will NOT hold it over now I
will sell it here. Okay so we took in over a dollar a share on 600
We have been all over the map. Down 20, up 60. Now up 21. there's
struggles with technical levels, struggles with economic news,
struggles with tension in the Mid East.
Yet obviously they haven't let it completely die. I don't trust
this at all, Be
Well this is an interesting day. We just heard Bernanke say
the same things he said yesterday, and the market is still up 87
points. Why? Good question.
We were set up nicely for a bounce after Friday's big 200 point
gain. Benji assured