Silver and gold broke out. The charts have been saying this was coming. However, the issues with the Euro are probably what is really pushing this puppy up. I don’t care the reason though. Reasons are great backdrops for the charts and its nice when it lines up with the direction you want to be [...]

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Took gains in everything this morning. 2x funds SPX, NDX, and RUT at the morning price. Although waiting until the end of the day would have yielded better returns, I wasn’t about to chance losing the 8-9% morning gain. I also took my gains in X calls, CENX stock, TEVA spread, and took a small [...]

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I went long a half position in 2x NDX, SPX, RUT as of today’s close. The reason is that the market is oversold. I know alot of people are worried about “Black Monday,” but it ain’t happening. Not yet at least, not this Monday. I don’t care about news, but the news that could help [...]

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Get your helmets ready, because the bear shitters finally got a worthy down day and this time, things look different. First thing I did was sell my MSPD in the premarket for 4%. What an asshole move that was. MSPD closed up 17.87% today. Geez. Johnny Sell Early. What I did today also was retreat [...]

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Took a shot at the short side and it ended up being a face ripping rally. I came in this morning long iwm, spy puts and heavy short index 2x funds as well as long certain stocks, but was leaned more towards the short side. Signals, not the good ones, leaned that way for a [...]

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The bears are screaming louder now than ever. Despite the fact that they have been wrong for over 6 months. There is no sell signal yet. Not from what I see. I’d rather play a slide once a slide is happening rather than continue to pick tops. The thing that I am seeing that gives [...]

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GLD exhibits the same pattern and I’m in for the double as DGP is a double gold etf. Peace out.

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