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Originally posted by Websman
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My crystal ball is never wrong"Trade What Is Happening...Not What You Think Is Gonna Happen"
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GE is my tell
when GE trades at or slightly below $37, the correction is over....I posted this here before.....The correction is on......GS is a short....Comment
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PEP is a buy right here
scared money will run to this group......also, near the bottom of the long term channelComment
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SNDK is too legit to quit
long term downtrend is broken and the analysts don't believe yetComment
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S&P should retest recent lows
and likely undercut them by a few points.....Financials are going to bear the brunt of this selloff hence my call to buy puts on GS.....I see the brokers dealers having another 6% downside over the next several days....Comment
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The correction continues till GE trades at $36.80
GE still has a $1.30 downside to go.....The S&P and Dow therefore are headed for the house of pain....Comment
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How ugly yet?
GE still has a $1.30 downside.....How ugly will the market have to get to get GE to fall to $36.80? Pretty darn ugly.....I would say SPX 1480 minimum downside target.Comment
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STP in the rumor mill
long at 40.42......not usually my kind of play.Comment
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TRF...long
my favorite county fund.....Target is par or $100Comment
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We are rallying today because.....
Japan held interest rates steady which allows for the carry trade to continue unabated......Comment
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XOM could hit par
by the end of the summer.Comment
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Compare these weekly charts....
TRF and CAMH.....notice a similarity? If TRF continues to mimic CAMH, then TRF is ready to explode higher.....it is just now trading above its 200 day moving average.....Comment
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thank the Japanese for today's rally
when they failed to raise interest rates, it was game on.....I withdrawl all comments about GE needing to reach 37 before a real rally......The Japanese took one for the team....Comment
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