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As is usual they blasted us up, only to see the dollar gain some
strength and it all came tumbling down. From up 100 we are up just
38 right now. I'm sure they'll dig in and try and keep us
I took AUY, one of the smaller gold plays today . I took it at
11.50 even, although it's got a lot of selling coming at it. It
seems the people that have been holding it
Insiders Club Update
Morning all, welcome to the next chapter of "how the market
Yesterday I sat here watching the action and the thing that came
to mind was "they just won't let this die". Despite a 200 point up
Well it's a pretty sluggish day so far. They haven't been willing
to sell us, and the volume shows that they aren't in any hurry to
I've been hunting over some charts, trying to find something else
Okay folks, we're in a whole new world here, where some fund
manager can come on TV, tell CNBC that this is "easy" just buy
stocks, and because he's up for the year, the futures rose and we
are now up 200 points.
I am the ultimate broken record. I have to apologize for that, but
I dont' have any other choice. We opened red today, a lot of that
on the bold move by China to stop exports to Japan. There's a
political game going on
Is that red I see? Well don't blink because Benji will just give
Blackrock more money to go out and support the market. On Friday
Blackrock dumped some 1800 13G's into the SEC's EDGAR database. The
13G is when a company files for owning more than 5% of
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
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